Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The Company’s intangible assets consisted of the following:

	September 30, 2020
	Estimated Useful Lives	Gross Carrying Value		Accumulated Amortization			Net Book Value
Internally developed patents	6-10 years	$	845,216	$	(473,314	)	$	371,902
Acquired licenses	16-20 years		285,000		(281,063	)		3,937
Total intangible assets subject to amortization			1,130,216		(754,377	)		375,839
IPR&D assets	Indefinite		12,418,967		—			12,418,967
Total		$	13,549,183	$	(754,377	)	$	12,794,806

	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 September 30, 2020, future estimated amortization expense was as follows:

Years ending December 31,
The remainder of 2020	$	14,539
2021		26,576
2022		26,576
2023		26,576
2024		22,669
2025 and thereafter		258,903
Total	$	375,839