Registration statement for securities of certain foreign private issuers

Patent Rights

v3.20.1
Patent Rights
 3 Months Ended 12 Months Ended
Mar. 31, 2020
Dec. 31, 2019
Patent Rights [Abstract]    
Patent Rights
4.
PATENT RIGHTS


For the three months ended March 31, 2020
   Cost    
Accumulated
Amortization &
Impairment Losses
    
Net Book Value
  
Balance at December 31, 2019
  
$
1,856,750
    
$
(255,005
)
  
$
1,601,745
  
                         
Additions during the quarter
    
56,130
      
-
      
56,130
  
Amortization in the quarter
    
-

   
(8,410
 )
   
(8,410
)
Balance at March 31, 2020
   $
1,912,880
     $
(263,415
 )
  $
1,649,465
  

   

     

     

 

   

     


   


Balance at December 31, 2018
  
$
1,398,713
    
$
(226,228
)
  
$
1,172,485

                         
Additions during the quarter     53,758
      -
      53,758
 
Amortization in the quarter     -
      (6,175
 )
    (6,175
 )
Balance at March 31, 2019   $
 1,452,471
    $
 (232,403
 )
  $
1,220,068
 
4
.
PATENT RIGHTS
 
For the year ended December 31, 2019
   
Cost
     
Accumulated
Amortization &
Impairment
Losses
    
Net Book
Value
  
Balance at January 1, 2018
 
 
$
978,126
 
 
$
(203,901
)
 
$
774,225
 
Additions during the year
 
 
 
420,587
 
 
 
—
 
 
 
420,587
 
Amortization in the year
 
 
 
—
 
 
 
(22,327
)
 
 
(22,327
)
Balance at December 31, 2018
    $ 1,398,713      $ (226,228 )    $ 1,172,485  
Additions during the year
      458,037        —       458,037  
Amortization in the year
      —        (28,777 )      (28,777 ) 
    
 
 
     
 
 
    
 
 
  
Balance at December 31, 2019
    $ 1,856,750      $ (255,005 )    $ 1,601,745