XML 95 R23.htm IDEA: XBRL DOCUMENT
v3.20.1

Intangible Assets | 12 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets | NOTE 15 – INTANGIBLE ASSETS Intangible assets consisted of the following:
|  |  |  |  | March 31, 2019 |
|  | Life |  |  | Licenses |  |  | Patent |  |  | Other Intangible Assets |
Licensing Agreement – Jesse James |  |  | 5 |  |  | $ | 125,000 |  |  | $ | - |  |  | $ | - |
Licensing Agreement – Jeff Rann |  |  | 5 |  |  |  | 125,000 |  |  |  | - |  |  |  | - |
Streak Visual Ammunition patent |  |  | 11.2 |  |  |  | - |  |  |  | 950,000 |  |  |  | - |
SWK patent acquisition |  |  | 15 |  |  |  |  |  |  |  | 6,124,005 |  |  |  |  |
Jagemann Munition Components: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer Relationships |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | 1,666,774 |
Intellectual Property |  |  | 3 |  |  |  | - |  |  |  | - |  |  |  | 1,773,436 |
Tradename |  |  | 5 |  |  |  | - |  |  |  | - |  |  |  | 2,472,095 |
|  |  |  |  |  |  | 250,000 |  |  |  | 7,074,005 |  |  |  | 5,912,305 |
Accumulated amortization – Licensing Agreements |  |  |  |  |  |  | (108,333 | ) |  |  | - |  |  |  | - |
Accumulated amortization – Patents |  |  |  |  |  |  | - |  |  |  | (134,701 | ) |  |  | - |
Accumulated amortization – Intangible Assets |  |  |  |  |  |  | - |  |  |  | - |  |  |  | (61,803 | )
|  |  |  |  |  | $ | 141,667 |  |  | $ | 6,939,304 |  |  | $ | 5,850,502 |
|  |  |  |  | March 31, 2018 |
|  | Life |  |  | Licenses |  |  | Patent |  |  | Other Intangible Assets |
Licensing Agreement – Jesse James |  |  | 5 |  |  | $ | 125,000 |  |  | $ | - |  |  | $ | - |
Licensing Agreement – Jeff Rann |  |  | 5 |  |  |  | 125,000 |  |  |  | - |  |  |  | - |
Streak Visual Ammunition Patent |  |  | 11.2 |  |  |  | - |  |  |  | 950,000 |  |  |  | - |
|  |  |  |  |  |  | 250,000 |  |  |  | 950,000 |  |  |  | - |
Accumulated amortization – Licensing Agreements |  |  |  |  |  |  | (58,333 | ) |  |  | - |  |  |  | - |
Accumulated amortization – Patents |  |  |  |  |  |  | - |  |  |  | (49,627 | ) |  |  | - |
|  |  |  |  |  | $ | 191,667 |  |  | $ | 900,373 |  |  | $ | - |
|  |  |  |  | December 31, 2017 |
|  | Life |  |  | Licenses |  |  | Patent |  |  | Other Intangible Assets |
Licensing Agreement – Jesse James |  |  | 5 |  |  | $ | 125,000 |  |  | $ | - |  |  | $ | - |
Licensing Agreement – Jeff Rann |  |  | 5 |  |  |  | 125,000 |  |  |  | - |  |  |  | - |
Streak Visual Ammunition Patent |  |  | 11.2 |  |  |  | - |  |  |  | 950,000 |  |  |  | - |
|  |  |  |  |  |  | 250,000 |  |  |  | 950,000 |  |  |  | - |
Accumulated amortization – Licensing Agreements |  |  |  |  |  |  | (45,833 | ) |  |  | - |  |  |  | - |
Accumulated amortization – Patents |  |  |  |  |  |  | - |  |  |  | (25,166 | ) |  |  | - |
|  |  |  |  |  | $ | 204,167 |  |  | $ | 924,834 |  |  | $ | - |
Amortization expense for the year ended March 31, 2019, for the three-month period ended March 31, 2018, and for the year ended December 31, 2017 was $196,877, $36,961, and $70,999, respectively.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration