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Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets

The Company’s intangible assets at September 30, 2017, consisted of the following:

 

 Intangible Asset Description   Amortization Periods
(in years)
  Cost   Accumulated
Amortization
  Net Carrying
Value
               
Taper DPI Intellectual Property   10 years   $ 9,708,700     $ (3,640,762 )   $ 6,067,938  
Non-Competition Agreement    3 years     1,639,000     (802,806 )     836,194  
FDA 503B Registration and Compliance   10 years     3,963,000       (582,341 )     3,380,659  
Customer Relationships   10 years     5,572,000       (818,774 )     4,753,226  
Website Design   3 years     16,162       (3,144 )     13,018  
     Total Definite-lived Assets         20,898,862       (5,847,827 )     15,051,035  
Trade Name and Brand   Indefinite     1,245,000       —         1,245,000  
Symjepi Domain Name   Indefinite     9,675       —       9,675  
         $ 22,153,537     $ (5,847,827 )   $ 16,305,710  

 

Schedule of estimated future amortization expense

Estimated future amortization expense for the Company's intangible assets at September 30, 2017, is as follows:

 

Remainder of 2017   $ 619,022  
2018     2,476,091  
2019     2,083,034  
2020     1,925,268  
2021     1,924,370  
Thereafter     6,023,250  
    $ 15,051,035