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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Other Intangible Assets

The following table summarizes the Company’s goodwill and other intangible assets:

 

 

 

March 31,

2022

 

 

December 31,

2021

 

 

Amortization period

(years)

Intangible assets:

 

 

 

 

 

 

 

 

 

 

510(k) product technology

 

 

704,380

 

 

 

704,380

 

 

Indefinite

Customer relationships

 

 

555,819

 

 

 

555,819

 

 

11

CNH Credit Agreement

 

 

240,858

 

 

 

236,358

 

 

3

Total intangible assets

 

 

1,501,057

 

 

 

1,496,557

 

 

 

Less: accumulated amortization

 

 

(211,932

)

 

 

(179,216

)

 

 

Intangible assets, net

 

 

1,289,125

 

 

 

1,317,341

 

 

 

Goodwill

 

$

1,972,886

 

 

$

1,972,886

 

 

Indefinite