Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.23.2
Intangible Assets (Tables)
6 Months Ended
May 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were as follows as of May 31, 2023 and November 30, 2022:

 

 

 

Useful lives

 

May 31, 2023

 

 

November 30, 2022

 

Patents

 

10-20 years

 

$

697,744

 

 

$

697,744

 

Less: Accumulated amortization

 

 

 

 

(140,366

)

 

 

(120,297

)

License agreement

 

10 years

 

 

474,000

 

 

 

474,000

 

Less: Intangible asset impairment

 

 

 

 

(185,000

)

 

 

(185,000

)

Less: Accumulated amortization

 

 

 

 

(236,882

)

 

 

(225,157

)

Customer relationships – PrepaCyte®CB

 

15 years

 

 

41,000

 

 

 

41,000

 

Less: Intangible asset impairment

 

 

 

 

(26,267

)

 

 

(26,267

)

Less: Accumulated amortization

 

 

 

 

(9,108

)

 

 

(8,711

)

Brand

 

1 year

 

 

31,000

 

 

 

31,000

 

Less: Accumulated amortization

 

 

 

 

(31,000

)

 

 

(31,000

)

Customer relationships – Cord:Use

 

30 years

 

 

960,000

 

 

 

960,000

 

Less: Accumulated amortization

 

 

 

 

(160,000

)

 

 

(144,000

)

Net Intangible Assets

 

 

 

$

1,415,121

 

 

$

1,463,312