Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.19.3.a.u2
Intangible Assets (Tables)
12 Months Ended
Nov. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Intangible assets were as follows as of November 30, 2019 and 2018:
 
     Useful lives    November 30,
2019
     November 30,
2018
 
Patents
  
10-20 years
   $ 234,570      $ 234,570  
Less: Accumulated amortization
        (35,526      (23,663
License agreement
   10 years      470,000        470,000  
Less: Intangible asset impairment
        (185,000      (185,000
Less: Accumulated amortization
        (155,194      (123,528
Customer relationships – Prepacyte
®
CB
   15 years      41,000        41,000  
Less: Intangible asset impairment
        (26,267      (26,267
Less: Accumulated amortization
        (6,329      (5,276
Brand
   1 year      31,000        31,000  
Less: Accumulated amortization
        (31,000      (15,500
Customer relationships – Cord:Use
   30 years      960,000        960,000  
Less: Accumulated amortization
        (48,000      (16,000
     
 
 
    
 
 
 
Net Intangible Assets
   $ 1,249,254      $ 1,341,336  
     
 
 
    
 
 
 
Schedule of Expected Amortization Expenses
Expected amortization related to these intangible assets for each of the next five fiscal years and for periods thereafter is as follows:
Fiscal years ending November 30:
 
2020
   $ 67,667  
2021
   $ 67,667  
2022
   $ 67,667  
2023
   $ 67,667  
2024
   $ 67,667  
Thereafter
   $ 910,919  
  
 
 
 
Total
   $ 1,249,254