Disposal of Long-Lived Assets and Investment (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Net Assets Sold

On the date of sale, the Company calculated the net assets of To Go Brands, Inc. as follows:

Net assets sold:
Accounts receivable	$	106,843
Prepaid expenses and other current assets		8,059
Inventory, net		456,276
Property and equipment, net		18,082
Intangible assets, net		1,481,123
Other long term assets		0
Accounts payable		(305,072	)
Other liabilities		(65,639	)
Net Assets of To Go Brands, Inc. sold	$	1,699,672

Summary of Financial Information for the Discontinued Operations Included in the Consolidated Statements of Operations

For the year ended December 31, 2013, the following results of operations of To Go Brands, Inc. and the expense associated with the write-off of the remaining recorded value of the technology licenses associated with the Company’s discontinued nutraceutical business are presented as a loss from a discontinued operation in the accompanying consolidated statements of operations:

	Year ended December 31,2013
Revenues
Product sales	$	1,728,177
Cost of goods sold		1,002,064
Gross profit		726,113
Operating expenses
Research and development		128,215
Selling, general and administrative		1,507,210
Total operating expenses		1,635,425
Loss from operation		(909,312	)
Interest, net		(667	)
Net loss from discontinued operations of To Go Brands, Inc.		(909,979	)
Write-off of technology licenses associated with the nutraceutical product lines		(1,097,511	)
Net loss from discontinued operations	$	(2,007,490	)