Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.5.0.2
Intangible Assets (Tables)
 9 Months Ended
Aug. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were as follows as of August 31, 2016 and November 30, 2015:

 

     Useful lives    August 31, 2016      November 30, 2015  

Patents

    10-20 years    $ 34,570       $ 34,570   

Less: Accumulated amortization

         (9,472 )       (8,075 ) 

License agreement

    10 years      470,000         470,000   

Less: Intangible asset impairment

         (185,000 )       —     

Less: Accumulated amortization

         (54,833 )       (17,917 ) 

Customer relationships

    15 years      41,000         41,000   

Less: Intangible asset impairment

         (26,267 )       —     

Less: Accumulated amortization

         (3,189 )       (3,250 ) 
     

 

 

     

 

 

  

Net Intangible Assets

    $ 266,809       $ 516,328