Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v3.20.4
INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2020
Notes to Financial Statements  
Schedule of patent license assets

The intangible assets as of the quarter ended September 30, 2020 and 2019 is shown in the following table:

 

    September 30,   September 30,
    2020   2019
Patent license fees     4,442,553       4,187,902  
Refinery permits     3,420,700       —    
Less accumulated amortization     (2,182,889 )     (1,686,310 )
Intangible Assets, Net     5,680,364       2,501,592