Goodwill and Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Summary of Intangible Assets by Major Asset Class

The following sets forth the goodwill and intangible assets by major asset class:


		March 31, 2021						December 31, 2020
	Weighted Average Useful Life (Yrs)	Gross		Accumulated Amortization		Net Book Value		Gross		Accumulated Amortization		Net Book Value
Indefinite lived:
Goodwill(a)		$	10,513,371	$	—	$	10,513,371	$	10,513,371	$	—	$	10,513,371
Definite lived:

Licenses	10	1,323,761		(1,284,039)		39,722		1,323,761		(1,276,852)		46,909


Bioject(b)	12	5,100,000		(2,542,222)		2,557,778		5,100,000		(2,468,889)		2,631,111
Other(c)	18	4,050,000		(3,637,500)		412,500		4,050,000		(3,581,250)		468,750
Total intangible assets	11	10,473,761		(7,463,761)		3,010,000		10,473,761		(7,326,991)		3,146,770
Total goodwill and intangible assets		$	20,987,132	$	(7,463,761)	$	13,523,371	$	20,987,132	$	(7,326,991)	$	13,660,141

(a)Goodwill was recorded from the acquisition of other companies.

(b)Bioject intangible assets represent the estimated fair value of developed technology and intellectual property which were recorded from an asset acquisition.

(c)Other intangible assets represent the estimated fair value of acquired intellectual property.