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INTANGIBLE ASSETS AND GOODWILL | 3 Months Ended
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Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS AND GOODWILL | NOTE 10. INTANGIBLE ASSETS AND GOODWILL The Company’s intangible assets at March 31, 2022 consisted of the following: SCHEDULE OF INTANGIBLE ASSETS
|  | Amortization Periods (in years) |  |  | Cost |  |  | Accumulated Amortization |  |  | Impairment |  |  | Net Carrying Value |
Patents |  |  | 17-19 |  |  | $ | 972,000 |  |  | $ | (97,000 | ) |  | $ | - |  |  | $ | 875,000 |
Licenses |  |  | 20 |  |  |  | 100,000 |  |  |  | (15,000 | ) |  |  | - |  |  |  | 85,000 |
Trademarks |  |  | Indefinite |  |  |  | 260,000 |  |  |  | - |  |  |  | - |  |  |  | 260,000 |
Acquired NDAs |  |  | 10 |  |  |  | 13,635,000 |  |  |  | (341,000 | ) |  |  | - |  |  |  | 13,294,000 |
Customer relationships |  |  | 3-15 |  |  |  | 1,519,000 |  |  |  | (619,000 | ) |  |  | - |  |  |  | 900,000 |
Trade name |  |  | 5 |  |  |  | 5,000 |  |  |  | (5,000 | ) |  |  | - |  |  |  | - |
Non-competition clause |  |  | 3-4 |  |  |  | 50,000 |  |  |  | (50,000 | ) |  |  | - |  |  |  | - |
State pharmacy licenses |  |  | 25 |  |  |  | 8,000 |  |  |  | (7,000 | ) |  |  | - |  |  |  | 1,000 |
|  |  |  |  |  | $ | 16,549,000 |  |  | $ | (1,134,000 | ) |  | $ | - |  |  | $ | 15,415,000 |
Amortization expense for intangible assets for the three months ended March 31, 2022 and 2021 was as follows: SCHEDULE OF AMORTIZATION EXPENSES FOR INTANGIBLE ASSETS
|  | 2022 |  |  | 2021 |
|  | For the Three Months Ended |
|  | March 31, |
|  | 2022 |  |  | 2021 |
Patents |  | $ | 22,000 |  |  | $ | 6,000 |
Licenses |  |  | 8,000 |  |  |  | 1,000 |
Acquired NDAs |  |  | 341,000 |  |  |  | - |
Customer relationships |  |  | 33,000 |  |  |  | 33,000 |
Amortization of intangible assets |  | $ | 404,000 |  |  | $ | 40,000 |
Estimated future amortization expense for the Company’s intangible assets at March 31, 2022 is as follows: SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE
Remainder of 2022 |  | $ | 1,194,000 |
2023 |  |  | 1,592,000 |
2024 |  |  | 1,592,000 |
2025 |  |  | 1,592,000 |
2026 |  |  | 1,595,000 |
Thereafter |  |  | 7,590,000 |
Intangible assets |  | $ | 15,155,000 |

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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