Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The changes in intangible assets for the years ended December 31, 2020 and 2019 were as follows:

Balance as of December 31, 2018	$	3,765,254
Amortization	(1,338,996)
Balance as of December 31, 2019	$	2,426,258
Additions	$	900,000
Amortization	$	(1,741,083)
Balance as of December 31, 2020	$	1,585,175

Schedule of Finite-Lived Intangible Assets

The following is a summary of intangible assets held by the Company at December 31, 2020 and 2019, respectively:

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Life
							(in years)
Acquired Product Marketing Rights	$	5,056,000	$	(3,949,988)	$	1,106,012	0.9
Acquired Assembled Workforce	1,050,000		(570,837)		479,163		1.1
Total Intangible Assets	$	6,106,000	$	(4,520,825)	$	1,585,175	0.9

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Life
							(in years)
Acquired Product Marketing Rights	$	5,056,000	$	(2,685,992)	$	2,370,008	1.9
Acquired Assembled Workforce	150,000		(93,750)		56,250		0.8
Total Intangible Assets	$	5,206,000	$	(2,779,742)	$	2,426,258	1.9

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Amortization of intangibles for the next five years and thereafter is expected to be as follows:

	Estimated
	Amortization
For the Years Ending December 31,	Expense
2021	1,556,016
2022	29,159
2023	—
2024	—
2025	—
Thereafter	—
Total future amortization expense	$	1,585,175