Quarterly report pursuant to Section 13 or 15(d)

Intellectual Property

v3.21.4
Intellectual Property
3 Months Ended
Nov. 30, 2021
Intellectual Property  
9. Intellectual Property

9.

Intellectual Property

 

The following is a list of US capitalized patents held by the Company:

 

Issued Patent #

Patent Certificate Grant Date

Patent Family

US 9,474,725 B1

10/25/2016

Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof

 

US 9,839,612 B2

12/12/2017

US 9,972,680 B2

05/15/2018

US 9,974,739 B2

05/22/2018

US 10,084,044 B2

09/25/2018

US 10,103,225 B2

10/16/2018

US 10,381,440

08/13/2019

US 10,374,036

08/06/2019

US 10,756,180

08/25/2020

A continuity schedule for capitalized patents is presented below:

 

 

 

November 31,

 

 

August 31,

 

 

 

2021

 

 

 

 

 

$

 

Balance – beginning

 

 

364,623

 

 

 

292,000

 

Addition

 

 

15,840

 

 

 

79,493

 

Amortization

 

 

(1,717 )

 

 

(6,870 )

Balance – ending

 

 

378,746

 

 

 

364,623

 

Patents are amortized over their 20 year legal life.