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Acquisition of EGEN Assets (Tables)
 3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
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

March 31,

  
2020   $ 227,316  
2021     227,316  
2022     56,831  
Total   $ 511,463  
Schedule of Fair Value of Assets Acquired

Following is a summary of the net fair value of the assets acquired in the EGEN asset acquisition for the three-month periods ended March 31, 2019 and 2018:

 

    IPR&D     Goodwill     Covenant Not To Compete  
For the three months ended March 31, 2019                        
Balance at January 1, 2019, net   $ 15,736,491       1,976,101       568,292  
Amortization     -       -       (56,829 )
Balance at March 31, 2019, net     15,736,491       1,976,101       511,463  
For the three months ended March 31, 2018                        
Balance at January 1, 2018, net   $ 20,246,491       1,976,101       795,608  
Amortization     -       -       (56,829 )
Balance at March 31, 2018, net     20,246,491       1,976,101       738,779