Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.7.0.1
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Jun. 30, 2017
Goodwill and Intangible Assets [Abstract]  
Gross Carrying Amount of Goodwill



 

 



 

 

Balance at September 30, 2016

$

 —

Goodwill arising from APP Merger

 

 6,878,932 

Balance at June 30, 2017

$

 6,878,932 



Gross Carrying Amounts of Finite Intangible Assets



 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 



Gross Carrying

 

Accumulated

 

Net Book



Amount

 

Amortization

 

Value

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

Developed technology - PREBOOST®

$

 2,400,000 

 

$

 59,297 

 

$

 2,340,703 

Covenants not-to-compete

 

 500,000 

 

 

 47,619 

 

 

 452,381 

Total intangible assets with finite lives

 

 2,900,000 

 

 

 106,916 

 

 

 2,793,084 

Acquired in-process research and development assets

 

 18,000,000 

 

 

 —

 

 

 18,000,000 

Total intangible assets

$

 20,900,000 

 

$

 106,916 

 

$

 20,793,084 



Estimated Future Amortization Expense



 

 



 

 



Estimated

Year Ending September 30,

Amortization Expense

2017

$

 40,093 

2018

 

 275,262 

2019

 

 309,234 

2020

 

 316,368 

2021

 

 323,706 

Thereafter

 

 1,528,421 

Total

$

 2,793,084