Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

The changes in the carrying amount of intangible assets for the year ended December 31, 2016 and 2015 were as follows:

	2016			2015
Balance at beginning of year	$	2,470,127		$	3,307,797
Addition: Acquisition of patent		-			125,000
Deduction: Disposal of trademarks		-			(64,819	)
Deduction: Amortization expense		(315,564	)		(897,851	)
Balance at end of year	$	2,154,563		$	2,470,127

Schedule of Intangible Assets and Goodwill

The following table sets forth the components of intangible assets as of December 31, 2016 and 2015:

			As of December 31, 2016
	Estimated		Adjusted
	Useful		Carrying		Accumulated
	Life		Amount		Amortization			Net
Trade name		20 years	$	590,172	$	(297,992	)	$	292,180
Patents and copyrights		17 years		1,242,842		(644,231	)		598,611
Non-contractual customer relationships		15 years		3,268,568		(2,004,796	)		1,263,772
			$	5,101,582	$	(2,947,019	)	$	2,154,563

	As of December 31, 2015
	Adjusted
	Carrying		Accumulated
	Amount		Amortization			Net
Trade name	$	590,172	$	(271,924	)	$	318,248
Patents and copyrights		1,242,842		(576,680	)		666,162
Non-contractual customer relationships		3,268,568		(1,782,851	)		1,485,717
	$	5,101,582	$	(2,631,455	)		2,470,127

Schedule of Finite-lived Intangible Assets Amortization Expense

The following summarizes amortization of acquisition related intangible assets included in the statement of operations:

	Years Ended December 31,
	2016		2015
Cost of sales	$	236,651	$	348,061
General and administrative		78,913		549,790
	$	315,564	$	897,851

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The Company expects that amortization expense for the next five succeeding years will be as follows:

2017	$	315,564
2018	$	315,564
2019	$	290,897
2020	$	241,564
2021	$	241,564