Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.25.1
Intangible Assets (Tables)
3 Months Ended
Feb. 28, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets were as follows as of February 28, 2025 and November 30, 2024:

 

 

 

Useful lives

 

February 28, 2025

 

 

November 30, 2024

 

Patents

 

10-20 years

 

$

697,744

 

 

$

697,744

 

Less: Intangible asset impairment

 

 

 

 

(377,810

)

 

 

(377,810

)

Less: Accumulated amortization

 

 

 

 

(174,964

)

 

 

(172,058

)

License agreement

 

10 years

 

 

474,000

 

 

 

474,000

 

Less: Intangible asset impairment

 

 

 

 

(185,000

)

 

 

(185,000

)

Less: Accumulated amortization

 

 

 

 

(277,918

)

 

 

(272,055

)

Customer relationships – PrepaCyte®CB

 

15 years

 

 

41,000

 

 

 

41,000

 

Less: Intangible asset impairment

 

 

 

 

(26,267

)

 

 

(26,267

)

Less: Accumulated amortization

 

 

 

 

(10,498

)

 

 

(10,300

)

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

 

 

 

 

(216,000

)

 

 

(208,000

)

Net Intangible Assets

 

 

 

$

904,287

 

 

$

921,254