Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The Company’s intangible assets consisted of the following:

	As of December 31, 2019
	Estimated Useful Lives	Gross Carrying Value		Accumulated Amortization			Impairment			Net Book Value
Internally developed patents	6 – 10 years	$	746,323	$	(448,874	)	$	—		$	297,449
Acquired licenses	16 – 20 years		285,000		(269,221	)		—			15,779
Total intangible assets subject to amortization		$	1,031,323	$	(718,095	)	$	—		$	313,228
IPR&D assets	Indefinite		13,418,967		—			(1,000,000	)		12,418,967
Total		$	14,450,290	$	(718,095	)	$	(1,000,000	)	$	12,732,195

	As of December 31, 2018
	Estimated Useful Lives	Gross Carrying Value		Accumulated Amortization			Impairment			Net Book Value
Internally developed patents	6 – 10 years	$	718,559	$	(317,172	)	$	—		$	401,387
Acquired licenses	16 – 20 years		285,000		(253,430	)		—			31,570
Total intangible assets subject to amortization		$	1,003,559	$	(570,602	)	$	—		$	432,957
IPR&D assets	Indefinite		37,868,978		—			(24,450,011	)		13,418,967
Total		$	38,872,537	$	(570,602	)	$	(24,450,011	)	$	13,851,924

Schedule of Future Estimated Amortization Expense

As of December 31, 2019, future estimated amortization expense is as follows:

For the Year Ended December 31,
2020	$	42,275
2021		26,059
2022		26,059
2023		26,059
2024		22,153
2025 and thereafter		170,623
Total	$	313,228

Schedule of Changes in Carrying Amounts of IPR&D Assets and Goodwill

Changes in the carrying amounts of IPR&D assets and goodwill for the years ended December 31, 2019 and 2018 were:

	IPR&D			Goodwill
Balance, January 1, 2018	$	38,245,871		$	—
Additions		—			490,676
Foreign currency translation adjustments		(376,893	)		—
Impairment charges		(24,450,011	)		(490,676	)
Balance, December 31, 2018	$	13,418,967		$	—
Impairment charges		(1,000,000	)
Balance, December 31, 2019	$	12,418,967		$	—