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