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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets are comprised of the following:

 

   December 31,
2018
   December 31,
2017
 
Developed technology  $7,000,000   $7,000,000 
Customer contracts   6,400,000    6,400,000 
Trademarks   1,500,000    1,500,000 
    14,900,000    14,900,000 
Accumulated amortization   (11,213,889)   (8,767,222)
   $3,686,111   $6,132,778 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2018, the Company will recognize the following amortization expense for the respective periods ending December 31 noted below:

 

2019     1,700,000  
2020     1,166,667  
2021     583,334  
2022     166,667  
2023     69,443  
Total   $ 3,686,111