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Fixed Assets and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2017
Assets  
Summary of Fixed and Intangible Assets

As of December 31, 2017 and 2016, fixed assets and intangible assets consisted of the following:

 

    December 31, 2017     December 31, 2016  
             
Property and equipment   $ 437,358     $ 308,084  
Less accumulated depreciation     (144,153 )     (50,698 )
Fixed assets, net   $ 293,205     $ 257,386  

 

Depreciation expense for the years ended December 31, 2017 and 2016 was $108,126 and $44,480, respectively.

 

    December 31, 2017     December 31, 2016  
             
FOCUSfactor intellectual property   $ 1,450,000     $ 1,450,000  
Per-fekt intellectual property     10,000        
Intangible assets subject to amortization     7,134,952       5,373,017  
Less accumulated amortization and impairment     (3,062,742 )     (1,677,583 )
Intangible assets, net   $ 5,532,210     $ 5,145,434  

Summary of Estimated Aggregate Amortization Expense

The estimated aggregate amortization expense over each of the next five years is as follows:

 

2018   $ 1,661,798  
2019     1,661,640  
2020     748,663  
2021      8