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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

 

Estimated Asset Valuation at March 31, 2019:

 

    Weighted Average   Gross Carrying   Accumulated    
Description   Estimated Useful Life   Value   Amortization   Net Amount
Certain U.S. patents   15 years   $ 435,000     $ (23,188 )   $ 411,812  
Certain U.S. patents   15 years     435,000       (22,315 )     412,685  
Certain Canadian                            
patents   20 years     260,000       (10,521 )     249,479  
Certain European                            
patents   14 years     30,000       (1,697 )     28,303  
Molds   15 years     150,000       (7,995 )     142,005  
Trademark   Indefinite life     220,000       —         220,000  
Domain name   Indefinite life     2,000       —         2,000  
Intangible Totals       $ 1,532,000     $ (65,716 )   $ 1,466,284  
Goodwill       $ 1,020,314     $ —       $ 1,020,314  

 

Estimated Asset Valuation at December 31, 2018:

 

    Weighted Average   Gross Carrying   Accumulated    
Description   Estimated Useful Life   Value   Amortization   Net Amount
Certain U.S. patents   15 years   $ 435,000     $ (16,060 )   $ 418,940  
Certain U.S. patents   15 years     435,000       (15,455 )     419,545  
Certain Canadian patents   20 years     260,000       (7,286 )     252,714  
Certain European patents   14 years     30,000       (1,175 )     28,825  
Molds   15 years     150,000       (5,538 )     144,462  
Trademark   Indefinite life     220,000       —         220,000  
Domain name   Indefinite life     2,000       —         2,000  
Intangible Totals       $ 1,532,000     $ (45,514 )   $ 1,486,486  
Goodwill       $ 1,020,314     $ —       $ 1,020,314