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8. INTANGIBLE ASSETS | 9 Months Ended
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Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | The carrying values of the Company’s finite-lived intangible assets are as follows:
|  | Successor |  |  | Successor |
|  | September 30, 2019 |  |  | December 31, 2018 |
|  |  |  |  | Accumulated |  |  |  |  |  |  |  |  | Accumulated |  |  |  |
|  | Cost |  |  | Amortization |  |  | Net |  |  | Cost |  |  | Amortization |  |  | Net |
Patent |  | $ | 510,310 |  |  | $ | (510,310 | ) |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
License |  |  | 1,000,000 |  |  |  | (20,000 | ) |  |  | 980,000 |  |  |  | - |  |  |  | - |  |  |  | - |
Software and Other |  |  | 64,465 |  |  |  | (39,023 | ) |  |  | 25,442 |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 1,574,775 |  |  | $ | (569,333 | ) |  | $ | 1,005,442 |  |  | $ | - |  |  | $ | - |  |  | $ | - |
As of September 30, 2019, the weighted-average amortization period for all intangible assets is 11.3 years. Amortization expense related to intangible assets was $36,798, $0, and $10,837 for the three months ended September 30, 2019 (Successor), and for the periods August 28, 2018 through September 30, 2018 (Successor) and July 1, 2018 through August 27, 2018 (Predecessor), respectively. Amortization expense related to intangible assets was $55,763, $0, and $43,349 for the nine months ended September 30, 2019 (Successor), and for the periods August 28, 2018 through September 30, 2018 (Successor) and January 1, 2018 through August 27, 2018 (Predecessor), respectively. The estimated remaining amortization expense as of September 30, 2019 is as follows:
Remainder of 2019 |  | $ | 25,372 |
2020 |  |  | 87,495 |
2021 |  |  | 87,495 |
2022 |  |  | 85,080 |
2023 |  |  | 80,000 |
Thereafter |  |  | 640,000 |
Total |  | $ | 1,005,442 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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