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Intangible Assets (Tables) | 12 Months Ended
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Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets Subjects to Amortization | Intangible assets subject to amortization consisted of the following:
|  | As of December 31, 2018 |
|  | Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Developed technology |  | $ | 14,750,000 |  |  | $ | (558,423 | ) |  | $ | 14,191,577 |
Noncompete agreement |  |  | 480,000 |  |  |  | (12,000 | ) |  |  | 468,000 |
Trade name |  |  | 748,000 |  |  |  | (23,819 | ) |  |  | 724,181 |
Subtotal amortizable intangible assets |  |  | 15,978,000 |  |  |  | (594,242 | ) |  |  | 15,383,758 |
Website domain name |  |  | 20,000 |  |  |  | - |  |  |  | 20,000 |
Total intangible assets |  | $ | 15,998,000 |  |  | $ | (594,242 | ) |  | $ | 15,403,758 |
Schedule of Future Estimated Amortization Expenses for Intangible Assets | As of December 31, 2018, estimated total amortization expense for the next five years related to the Company’s intangible assets subject to amortization is as follows:
December 31, |  |  |
2019 |  | $ | 3,339,600 |
2020 |  |  | 3,327,600 |
2021 |  |  | 3,099,600 |
2022 |  |  | 3,099,600 |
2023 |  |  | 2,517,358 |
|  | $ | 15,383,758 |

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