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Acquisition of EGEN, Inc. (Tables) | 12 Months Ended
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Dec. 31, 2018
Business Combinations [Abstract] |
Schedule of Fair Value of Assets Acquired and Liabilities Assumed | The following table summarizes the fair values of these assets acquired and liabilities assumed related to the acquisition.
Property and equipment, net |  | $ | 35,000 |
In-process research and development |  |  | 24,211,000 |
Other Intangible assets (Covenant not to compete) |  |  | 1,591,000 |
Goodwill |  |  | 1,976,000 |
Total assets: |  |  | 27,813,000 |
Accounts payable and accrued liabilities |  |  | (235,000 | )
Net assets acquired |  | $ | 27,578,000 |
Schedule of Future Amortization Amounts During the Remaining Life | Following is a schedule of future amortization amounts during the remaining life of the Covenant Not to Compete.
|  | Year Ended December 31, |
2019 |  | $ | 227,316 |
2020 |  |  | 227,316 |
2021 |  |  | 113,660 |
Total |  | $ | 568,292 |
Schedule of Fair Value of Assets Acquired | Following is a summary of the net fair value of the assets acquired in the EGEN acquisition for the two years ended December 31, 2018:
|  | IPR&D |  |  | Goodwill |  |  | Covenant Not To Compete |
Balance at January 1, 2017, net |  | $ | 22,766,491 |  |  | $ | 1,976,101 |  |  |  | 1,022,924 |
Amortization |  |  | - |  |  |  | - |  |  |  | (227,316 | )
Impairment charge |  |  | (2,520,000 | ) |  |  | - |  |  |  | - |
Balance at December 31, 2017, net |  |  | 20,246,491 |  |  |  | 1,976,101 |  |  |  | 795,608 |
Amortization |  |  | - |  |  |  | - |  |  |  | (227,316 | )
Impairment charge |  |  | (4,510,000 | ) |  |  | - |  |  |  | - |
Balance at December 31, 2018, net |  |  | 15,736,491 |  |  |  | 1,976,101 |  |  |  | 568,292 |

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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