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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Intangible Assets, Net (Including Goodwill) [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

December 31,

 
2020   $ 227,316  
2021     113,660  
Total   $ 340,976  

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, 2019:

 

    IPR&D     Goodwill     Covenant Not to Compete  
                   
Balance at January 1, 2018, 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  
Amortization     -       -       (227,316 )
Balance at December 31, 2019, net   $ 15,736,491     $ 1,976,101     $ 340,976