Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.24.1.u1
Intangible Assets (Tables)
3 Months Ended
Feb. 29, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were as follows as of February 29, 2024 and November 30, 2023:

 

 

 

Useful lives

 

February 29, 2024

 

 

November 30, 2023

 

Patents

 

10-20 years

 

$

697,744

 

 

$

697,744

 

Less: Intangible asset impairment

 

 

 

$

(377,810

)

 

$

(377,810

)

Less: Accumulated amortization

 

 

 

 

(163,340

)

 

 

(160,434

)

License agreement

 

10 years

 

 

474,000

 

 

 

474,000

 

Less: Intangible asset impairment

 

 

 

 

(185,000

)

 

 

(185,000

)

Less: Accumulated amortization

 

 

 

 

(254,469

)

 

 

(248,607

)

Customer relationships – PrepaCyte®CB

 

15 years

 

 

41,000

 

 

 

41,000

 

Less: Intangible asset impairment

 

 

 

 

(26,267

)

 

 

(26,267

)

Less: Accumulated amortization

 

 

 

 

(9,704

)

 

 

(9,505

)

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

 

 

 

 

(184,000

)

 

 

(176,000

)

Net Intangible Assets

 

 

 

$

972,154

 

 

$

989,121