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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
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

March 31,

 
2020   $ 227,318  
2021     56,829  
2022 and thereafter     -  
Total   $ 284,147  

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 period ended March 31, 2020:

 

    IPR&D     Goodwill     Covenant Not To Compete  
For the three-months ended March 31, 2020                        
Balance at January 1, 2020, net   $ 15,736,491     $ 1,976,101     $ 340,976  
Amortization     -       -       (56,829 )
Balance at March 31, 2020, net   $ 15,736,491     $ 1,976,101     $ 284,147