Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
9 Months Ended
Jul. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets

The following is a summary of intangible assets as of the end of the following fiscal periods:

 

    July 31, 2017     October 31, 2016  
License   $ 776,992     $ 776,992  
Patents     5,763,542       4,980,610  
Software     83,639       19,625  
Total Intangibles     6,624,173       5,777,227  
Accumulated Amortization     (1,682,012 )     (1,448,106 )
Intangible Assets   $ 4,942,161     $ 4,329,121  

Schedule of Amortization Expense

At July 31, 2017, the estimated amortization expense by fiscal year based on the current carrying value of intangible assets is as follows:

 

2017 (Remaining)   $ 87,001  
2018     348,003  
2019     345,603  
2020     329,959  
2021     320,124  
Thereafter     3,511,471  
Total   $ 4,942,161