Indefinite-lived Intangible Assets, Goodwill, and Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of IPR&D Asset

Our IPR&D asset consisted of the following at:

	Indefinite-lived Intangible Asset
Rencofilstat balance at December 31, 2019	$	3,190,000
Changes during the year ended December 31, 2020	—
Rencofilstat balance at December 31, 2020	3,190,000
Changes during the year ended December 31, 2021	—
Rencofilstat balance at December 31, 2021	$	3,190,000

Schedule of Roll-Forward of Goodwill Balance

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

	Amount
Goodwill balance at December 31, 2019	$	1,870,924
Changes during the year ended December 31, 2020	—
Goodwill balance at December 31, 2020	$	1,870,924
Changes during the year ended December 31, 2021	—
Goodwill balance at December 31, 2021	$	1,870,924

Property, Plant and Equipment

Property and equipment are stated at cost and depreciated using the straight-line method, based on useful lives as follows:

	Estimated Useful Life (in years)	December 31, 2021		December 31, 2020
Equipment	3.0 years	$	330,830	$	200,425
Furniture and fixtures	7.0 years	62,183		62,183
Less: Accumulated depreciation		(240,241)		(154,168)
		$	152,772	$	108,440