Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS

v3.23.1
INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

NOTE 5 – INTANGIBLE ASSETS

 

Intangible assets consisted of the following as of:

    Estimated life   December 31, 2022     December 31, 2021  
Website   3 years   $ 10,799     $ 10,799  
Accumulated amortization         (8,699 )     (5,099 )
Intangible assets, net       $ 2,100     $ 5,700  

 

As of December 31, 2022, estimated future amortization expenses related to intangible assets were as follows:

    Intangible Assets  
2023   $ 2,100  
 Intangible assets, net   $ 2,100  

 

The Company had amortization expense of $3,600 and $16,205 for the years ended December 31, 2022 and 2021, respectively.

 

On January 8, 2020, James Joyce, the Company’s CEO and Craig Roberts, the Company’s CTO, assigned to the Company the rights to patent 62/881,740 pertaining to the devices, systems and methods for the broad-spectrum reduction of pro-inflammatory cytokines in blood.