Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Schedule of Reconciliation of Cash, Cash Equivalents and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the statements of cash flows:

	September 30, 2019		December 31, 2018		September 30, 2018		December 31, 2017
Cash and cash equivalents	$	626,420	$	4,572,487	$	4,735,506	$	1,847,171
Restricted cash		185,380		164,720		185,380		243,380
Total cash, cash equivalents and restricted cash in the condensed consolidated statement of cash flows	$	811,800	$	4,737,207	$	4,920,886	$	2,090,551

Schedule of Inventories

Inventories are valued using the first-in, first-out method and stated at the lower of cost or net realizable value and consist of the following: 

	September 30, 2019		December 31, 2018
Raw materials and supplies	$	292,271	$	368,438
Work-in-process		14,676		58,402
Finished goods		161,427		116,907
Total	$	468,374	$	543,747

Schedule of Finite-Lived Intangible Assets

Finite-lived intangible assets include trademarks, developed technology and customer relationships and consisted of the following as of September 30, 2019 and December 31, 2018

			September 30, 2019					December 31, 2018
	Cost		Accumulated Amortization			Net Balance		Accumulated Amortization			Net Balance
Trademarks and trade names	$	461,000	$	(194,361	)	$	266,639	$	(159,783	)	$	301,217
Developed technology		458,000		(275,814	)		182,186		(226,746	)		231,254
Customer relationships		1,094,000		(658,321	)		435,679		(541,105	)		552,895
	$	2,013,000	$	(1,128,496	)	$	884,504	$	(927,634	)	$	1,085,366