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Intangible Assets (Tables)
12 Months Ended
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