Intellectual Property, net |
6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Feb. 29, 2024 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intellectual Property, net | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intellectual Property, net |
6. Intellectual Property, net
A continuity schedule for capitalized patents is presented below:
The Company evaluated its patent portfolio and determined that certain pending applications had been abandoned or will not be pursued. As such, during the six months ended February 29, 2024, the Company recognized an impairment loss of $23,507 related to those abandoned applications. The Company recognized $16,881 of amortization expense related to patents and licenses in the six-months ended February 29, 2024. |
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- References No definition available.
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- Definition The entire disclosure for all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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