Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

							Weighted average
	March 31,			December 31,			amortization period
	2020			2019			(years)
Patents	$	5,595,000		$	5,595,000			9.8
Less: net monetization obligations		(509,811	)		(509,811	)
Imputed interest		(713,073	)		(713,073	)
Subtotal		4,372,116			4,372,116
Less: accumulated amortization		(1,756,018	)		(1,617,762	)
Net value of intangible assets	$	2,616,098		$	2,754,354			6.52

Schedule of annual amortization expense

Year ended December 31,
Remainder of 2020	$	411,862
2021		549,345
2022		495,742
2023		323,070
2024 and thereafter		836,079
Total	$	2,616,098

Schedule of purchase price of the patents

	March 31, 2020			December 31, 2019
Current Liabilities:
Purchase price of patents, current portion		975,000		$	569,386
Unamortized discount		(23,392)
Non-current liabilities:
Purchase price of patents, long term		1,125,000		$	1,725,000
Unamortized discount		(216,270	)		(282,503	)
Total current and non-current		1,860,338			2,011,883
Effective interest rate of Amortized over 2-3 years		9.35-14.45	%		9.6-12.5	%