Quarterly report pursuant to Section 13 or 15(d)

License Agreements (Tables)

v3.21.2
License Agreements (Tables)
9 Months Ended
Aug. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of License Fees Earned

The following table details the initial license fees for the technology agreements and processing and storage royalties earned under the technology agreements for the three and nine months ended August 31, 2021 and August 31, 2020.  The initial license fees and processing and storage royalties are reflected in licensee and royalty income in the accompanying consolidated statements of income.

 

 

 

Processing and Storage Royalties

 

 

 

Three Months

Ended

August 31,

2021

 

 

Nine Months

Ended

August 31,

2021

 

License and royalty income

 

$

 

 

$

 

 

 

 

 

 

 

 

 

 

Total

 

$

 

 

$

 

 

 

 

Three Months

Ended

August 31,

2020

 

 

Nine Months

Ended

August 31,

2020

 

License and royalty income

 

$

427,874

 

 

$

629,702

 

 

 

 

 

 

 

 

 

 

Total

 

$

427,874

 

 

$

629,702