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Intangible Assets
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

6. Intangible Assets

 

The Company’s intangible assets were fully amortized as of December 31, 2018. Amortization expense was $65,988 for the year ended December 31, 2018, as determined under the straight-line method. For the year ended December 31, 2018, the Company also recognized impairment charges of $93,482 in research and development expense related to certain intellectual property rights. The impairment is the result of an analysis that indicated it was probable the undiscounted cash flows derived from the intellectual property would not exceed its book value during its remaining useful life.