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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Accounting Policies [Abstract] |
Schedule of intangible assets | Amortization expense is recognized ratably over the following periods:
Product rights |  | Estimated economic life
License rights |  | Term of license agreement
Patents |  | Life of patent
Intangible assets and Goodwill consisted of the following at December 31, 2023 and 2022.
|  | 2023 |  | 2022
Product and license rights |  | $ | 43,250,341 |  |  | $ | 49,668,141 |
Less: accumulated amortization |  | (22,755,543) |  |  | (21,891,974) |
Total product and license rights |  | 20,494,798 |  |  | 27,776,167 |
Patents |  | 10,712,405 |  |  | 10,610,228 |
Less: accumulated amortization |  | (8,819,287) |  |  | (8,051,018) |
Total patents |  | 1,893,118 |  |  | 2,559,210 |
Trademarks |  | 413,775 |  |  | 397,974 |
Less: accumulated amortization |  | (193,773) |  |  | (142,673) |
Total trademarks |  | 220,002 |  |  | 255,301 |
Total intangible assets |  | $ | 22,607,918 |  |  | $ | 30,590,678 |
Goodwill |  | $ | 914,000 |  |  | $ | 914,000 |
Schedule of Distribution Costs | Distribution costs were as follows for the years ended December 31:
|  | 2023 |  | 2022 |  |
Distribution costs |  | $ | 881,829 |  |  | $ | 857,842 |  |  |
Schedule of Advertising Costs | Advertising costs were as follows for the years ended December 31:
|  | 2023 |  | 2022 |  |
Advertising costs |  | $ | 2,903,741 |  |  | $ | 2,927,041 |  |  |

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