XML 44 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill

Intangible assets and goodwill consisted of the following at September 30, 2017 and December 31, 2016:

 

    Useful lives   September 30, 2017     December 31, 2016  
                 
Patents   10 years   $ 67,395     $ 67,395  
Customer relationships   10 years     3,567,396       3,567,396  
Trademarks   10 years     3,544,931       3,544,931  
                     
Intangible assets, at cost         7,179,722       7,179,722  
Accumulated amortization         (879,974)       (346,245 )
                     
Intangible assets, net of accumulated amortization       $ 6,299,748     $ 6,833,477  
                     
Goodwill from acquisition of Mimio   N/A   $ 44,931     $ 44,931  
Goodwill from acquisition of Boxlight   N/A     4,137,060       4,137,060  
        $ 4,181,991     $ 4,181,991