Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and In-Process R&D (Tables)

v3.19.1
Intangible Assets and In-Process R&D (Tables)
 3 Months Ended
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
Intangible assets and in-process R&D at March 31, 2019 and December 31, 2018 consists of the following:
 
 
 
 
Estimated Useful

Life (Years)
 
 
March 31, 2019

(unaudited)
 
 
December 31,

2018
 
Trade Secrets
 
10
 
 
$
250,000
 
 
$
250,000
 
Less: Accumulated Amortization
 
 
 
 
 
 
(12,500
)
 
 
(6,250
)
Intangible Assets, Net
 
 
 
 
 
 
237,500
 
 
 
243,750
 
In-Process R&D
 
 
 
 
 
 
3,912,314
 
 
 
3,912,314
 
Total Intangible Assets and In-Process R&D, Net
 
 
 
 
 
$
4,149,814
 
 
$
4,156,064