Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.10.0.1
Intangible Assets (Tables)
12 Months Ended
Nov. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were as follows as of November 30, 2018 and 2017:

 

     Useful lives      November 30, 2018      November 30, 2017  

Patents

     10-20 years      $ 234,570      $ 34,570  

Less: Accumulated amortization

        (23,663      (11,800

License agreement

     10 years        470,000        470,000  

Less: Intangible asset impairment

        (185,000      (185,000

Less: Accumulated amortization

        (123,528      (91,861

Customer relationships – Prepacyte®CB

     15 years        41,000        41,000  

 

Less: Intangible asset impairment

        (26,267      (26,267

Less: Accumulated amortization

        (5,276      (4,224

Brand

   1 year      31,000        —    

Less: Accumulated amortization

        (15,500      —    

Customer relationships – Cord:Use

   30 years      960,000        —    

Less: Accumulated amortization

        (16,000      —    
     

 

 

    

 

 

 

Net Intangible Assets

   $ 1,341,336      $ 226,418  
     

 

 

    

 

 

 
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:

 

2019

   $ 92,081  

2020

   $ 76,343  

2021

   $ 76,343  

2022.

   $ 76,343  

2023

   $ 76,343  

Thereafter

   $ 943,883  
  

 

 

 

Total

   $ 1,341,336