Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The Company’s intangible assets consisted of the following:

	June 30, 2020
	Estimated Useful Lives	Gross Carrying Value		Accumulated Amortization			Net Book Value
Internally developed patents	6-10 years	$	825,659	$	(466,866	)	$	358,793
Acquired licenses	16-20 years		285,000		(277,105	)		7,895
Total intangible assets subject to amortization			1,110,659		(743,971	)		366,688
IPR&D assets	Indefinite		12,418,967		—			12,418,967
Total		$	13,529,626	$	(743,971	)	$	12,785,655

	December 31, 2019
	Estimated Useful Lives	Gross Carrying Value		Accumulated Amortization			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		12,418,967		—			12,418,967
Total		$	13,450,290	$	(718,095	)	$	12,732,195

Schedule of Future Estimated Amortization Expense

As of June 30, 2020, future estimated amortization expense are as follows:

Years ending December 31,
The remainder of 2020	$	20,596
2021		27,687
2022		27,687
2023		27,687
2024		23,781
2025 and thereafter		239,250
Total	$	366,688