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Goodwill and Indefinite Lived Intangible Assets (Table) | 12 Months Ended
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Dec. 31, 2018
Goodwill And Indefinite Lived Intangible Assets Table Abstract |
Schedule of Goodwill and Indefinite Lived Intangible Assets |
Goodwill |  |  |
Balance as of December 31, 2017 |  |  | - |
Additions |  |  | 2,534,275 |
Impairment |  |  | - |
Balance as of December 31, 2018 |  |  | 2,534,275 |
Indefinite Lived Intangible Assets |  |  |
Balance as of December 31, 2017 |  |  | - |
Additions |  |  | 770,000 |
Impairment |  |  | - |
Balance as of December 31, 2018 |  |  | 770,000 |
Indefinite lived intangible assets consist of trade secrets and trademarks related to the acquisition of EnP Investments LLC (note 3).
Definite Life Intangible Assets |  |  |
Balance as of December 31, 2017 |  |  | - |
Additions |  |  | 2,398,000 |
Amortization |  |  | (40,000 | )
Balance as of December 31, 2018 |  |  | 2,358,000 |
Schedule of Estimated Future Amortization Expense | Estimated amortization expense over the next five years is as follows:
2019 |  | $ | 160,000 |
2020 |  |  | 160,000 |
2021 |  |  | 160,000 |
2022 |  |  | 160,000 |
2023 |  |  | 160,000 |

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