Indefinite-lived Intangible Assets and Goodwill

3 Months Ended

Mar. 31, 2020

Indefinite-lived Intangible Assets and Goodwill

Indefinite-lived Intangible Assets and Goodwill

7. Indefinite-lived Intangible Assets and Goodwill

IPR&D

Our IPR&D asset consisted of the following at:

	Indefinite-lived
	Intangible Asset
CRV431 balance at December 31, 2019	$	3,190,000
Change in fair value during the three months ended March 31, 2020		—
CRV431 balance at March 31, 2020	$	3,190,000

No impairment losses were recorded on IPR&D during the three months ended March 31, 2020 and 2019.

Goodwill

The table below provides a roll-forward of our goodwill balance:

	Amount
Goodwill balance at December 31, 2019	$	1,870,924
Changes during the three months ended March 31, 2020		—
Goodwill balance at March 31, 2020	$	1,870,924