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INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of intangible assets

The following table sets forth the gross carrying amount, accumulated amortization and net carrying amount of our intangible assets as of December 31, 2018 and 2017:

 

    December 31, 2018  
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net
Amount
    Weighted-
Average 
Remaining
Amortization
Period (yrs.)
 
Amortizable intangible assets:                                
OPERA® software patent   $ 31,951     $ (10,484 )   $ 21,467       10.75  
Development costs of corporate website     91,743       (91,743 )           n/a  
Approved hormone therapy drug candidate patents     2,234,129       (282,485 )     1,951,644       14  
Hormone therapy drug candidate patents (pending)     1,855,279             1,855,279       n/a  
Non-amortizable intangible assets:                                
Multiple trademarks     264,289             264,289       indefinite  
TOTAL       $ 4,477,391     $ (384,712 )   $ 4,092,679          

 

    December 31, 2017  
    Gross
Carrying
Amount
    Accumulated
Amortization
    Net
Amount
    Weighted-
Average
Remaining
Amortization
Period (yrs.)
 
Amortizable intangible assets:                                
OPERA® software patent   $ 31,951     $ (8,487 )   $ 23,464       11.75  
Development costs of corporate website     91,743       (91,743 )           n/a  
Approved hormone therapy drug candidate patents     1,293,614       (171,911 )     1,121,703       15  
Hormone therapy drug candidate patents (pending)     1,721,305             1,721,305       n/a  
Non-amortizable intangible assets:                                
Multiple trademarks     233,275             233,275       indefinite  
TOTAL       $ 3,371,888     $ (272,141 )   $ 3,099,747        
Schedule of estimated amortization expense

Estimated amortization expense, based on current patent cost being amortized, for the next five years is as follows:

 

Year Ending
December 31,
    Estimated
Amortization
 
  2019     $ 139,410  
  2020     $ 139,410  
  2021     $ 139,410  
  2022     $ 139,410  
  2023     $ 139,410  
  Thereafter     $ 1,276,061