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Goodwill
6 Months Ended
Jun. 30, 2022
Goodwill [Abstract]  
Goodwill

Note 4. Goodwill

Goodwill of $11.9 million was recorded in connection with the Sunosi acquisition as described in Note 3 Business Combination. The Company will perform an annual impairment test unless condition exist where an interim impairment analysis is necessary.

The following table provides the Company’s goodwill as of June 30, 2022. There was no goodwill impairment during six months ended June 30, 2022.

 

 

 

 

 

 

 

 

 

 

 

Goodwill

 

Balance at December 31, 2021

 

$

 

Goodwill from Sunosi Acquisition

 

 

11,897,407

 

Goodwill impairment

 

 

 

Balance at June 30, 2022

 

$

11,897,407