Intangible Assets and Goodwill (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2018

Dec. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Goodwill

Intangible assets and goodwill consisted of the following at June 30, 2018 and December 31, 2017:

	Useful lives	2018			2017
Patents	10 years	$	401,396		$	67,395
Customer relationships	10 years		3,996,543			3,567,396
Trademarks	10 years		3,872,746			3,554,932
Domain	15 years		13,955			-
Intangible assets, at cost		$	8,284,640		$	7,189,723
Accumulated amortization			(1,434,505	)		(1,063,165	)
Intangible assets, net of accumulated amortization		$	6,850,135		$	6,126,558
Goodwill from acquisition of Qwizdom		$	222,667		$	-
Goodwill from acquisition of Mimio	N/A		44,931			44,931
Goodwill from acquisition of Boxlight	N/A		4,137,060			4,137,060
		$	4,404,658		$	4,181,991

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

	Useful lives	2017			2016
Patents	10 years	$	67,395		$	67,395
Customer relationships	10 years		3,567,396			3,567,396
Trademarks	10 years		3,554,932			3,544,931
Intangible assets, at cost			7,189,723			7,179,722
Accumulated amortization			(1,063,165	)		(346,245	)
Intangible assets, net of accumulated amortization		$	6,126,558		$	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