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Goodwill
12 Months Ended
Dec. 31, 2014
Goodwill.  
Goodwill

 

7.Goodwill

 

Goodwill was $12,055,991 at December 31, 2014 and $7,642,825 at December 31, 2013, with the increase arising from the acquisitions of Paloma and VasculoMedics on March 28, 2014 and the correction of the prior period misstatement described in Note 2.  The Company performed its annual impairment test during the fourth quarter of 2014 and 2013.  No goodwill impairment loss was recorded during the years ended December 31, 2014 and 2013 as the fair value of the reporting unit exceeded its carrying value.