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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Indefinite-lived Intangible Assets

The following table summarizes the Company’s indefinite-lived intangible assets:

 

 

 

December 31,

 

 

 

2015

 

 

2014

 

Indefinite-lived intangible asset – MDV3800

 

$

573,299

 

 

 

 

Indefinite-lived intangible asset – MDV9300

 

 

71,000

 

 

 

101,000

 

Total

 

$

644,299

 

 

$

101,000

 

 

Summary of Changes in the Carrying Amount of Goodwill

The following table summarizes the changes in the carrying amount of goodwill:

 

 

Year Ended

December 31, 2015

 

Goodwill:

 

 

 

Balance at beginning of period

$

10,000

 

Goodwill at acquisition date – MDV3800

 

8,643

 

Balance at end of period

$

18,643