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PATENTS
6 Months Ended
Mar. 31, 2024
PATENTS  
PATENTS

G. PATENTS

 

During the six and three months ended March 31, 2024 and 2023, there was no impairment of patent costs. The weighted average amortization period for patents is approximately 8 years. For the six months ended March 31, 2024 and 2023, amortization of patent costs totaled approximately $17,000 and $20,000, respectively. For the three months ended March 31, 2024 and 2023, amortization of patent costs totaled approximately $8,000 and $10,000, respectively. The total estimated future amortization is as follows:

 

Six months ending September 30, 2024

 

$15,000

 

Year ending September 30,

 

 

 

 

2025

 

 

29,000

 

2026

 

 

25,000

 

2027

 

 

22,000

 

2028

 

 

19,000

 

2029

 

 

16,000

 

Thereafter

 

 

54,000

 

Total

 

$180,000