Intangible Assets

12 Months Ended

Mar. 31, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

NOTE 15 – INTANGIBLE ASSETS

Intangible assets consisted of the following:

			March 31, 2019
	Life		Licenses			Patent			Other Intangible Assets
Licensing Agreement – Jesse James		5	$	125,000		$	-		$	-
Licensing Agreement – Jeff Rann		5		125,000			-			-
Streak Visual Ammunition patent		11.2		-			950,000			-
SWK patent acquisition		15					6,124,005
Jagemann Munition Components:
Customer Relationships		3		-			-			1,666,774
Intellectual Property		3		-			-			1,773,436
Tradename		5		-			-			2,472,095
				250,000			7,074,005			5,912,305
Accumulated amortization – Licensing Agreements				(108,333	)		-			-
Accumulated amortization – Patents				-			(134,701	)		-
Accumulated amortization – Intangible Assets				-			-			(61,803	)
			$	141,667		$	6,939,304		$	5,850,502

			March 31, 2018
	Life		Licenses			Patent			Other Intangible Assets
Licensing Agreement – Jesse James		5	$	125,000		$	-		$	-
Licensing Agreement – Jeff Rann		5		125,000			-			-
Streak Visual Ammunition Patent		11.2		-			950,000			-
				250,000			950,000			-
Accumulated amortization – Licensing Agreements				(58,333	)		-			-
Accumulated amortization – Patents				-			(49,627	)		-
			$	191,667		$	900,373		$	-

			December 31, 2017
	Life		Licenses			Patent			Other Intangible Assets
Licensing Agreement – Jesse James		5	$	125,000		$	-		$	-
Licensing Agreement – Jeff Rann		5		125,000			-			-
Streak Visual Ammunition Patent		11.2		-			950,000			-
				250,000			950,000			-
Accumulated amortization – Licensing Agreements				(45,833	)		-			-
Accumulated amortization – Patents				-			(25,166	)		-
			$	204,167		$	924,834		$	-

Amortization expense for the year ended March 31, 2019, for the three-month period ended March 31, 2018, and for the year ended December 31, 2017 was $196,877, $36,961, and $70,999, respectively.