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Acquisition of EGEN Assets (Tables)
 9 Months Ended
Sep. 30, 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

September 30,

  
2020   $ 227,316  
2021     170,489  
2022 and thereafter     -  
Total   $ 397,805  
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 nine-month period ended September 30, 2019:

 

    IPR&D     Goodwill     Covenant Not To Compete  
For the nine-months ended September 30, 2019                        
Balance at January 1, 2019, net   $ 15,736,491     $ 1,976,101     $ 568,292  
Amortization     -       -       (170,487 )
Balance at September 30, 2019, net   $ 15,736,491     $ 1,976,101     $ 397,805