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New Products (Tables)
6 Months Ended
Jun. 30, 2014
Business Combinations [Abstract]  
Schedule of fair value assets and liabilities assumed in acquisition
The following table summarizes the preliminary allocation of the fair values of the assets acquired and liabilities assumed as of the acquisition date for Vaprisol:
Intellectual property intangible assets
$
2,990,000

Inventories
1,410,000

Acquired contingent liabilities
(400,000
)
Contingent consideration obligation
(2,000,000
)
Total net assets acquired
$
2,000,000