Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets and Goodwill (Tables)

v3.19.3.a.u2
Intangible Assets and Goodwill (Tables)
3 Months Ended
Dec. 31, 2019
Intangible Assets and Goodwill [Abstract]  
Gross Carrying Amounts and Net Book Value of Intangible Assets



Gross Carrying

 

Accumulated

 

Net Book



Amount

 

Amortization

 

Value

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

Developed technology - PREBOOST®

$

2,400,000 

 

$

584,407 

 

$

1,815,593 

Covenants not-to-compete

 

500,000 

 

 

226,190 

 

 

273,810 

Total intangible assets with finite lives

 

2,900,000 

 

 

810,597 

 

 

2,089,403 

Acquired in-process research and development assets

 

18,000,000 

 

 

 —

 

 

18,000,000 

Total intangible assets

$

20,900,000 

 

$

810,597 

 

$

20,089,403 



The gross carrying amounts and net book value of intangible assets are as follows at September 30, 2019:



 

 

 

 

 

 

 

 



Gross Carrying

 

Accumulated

 

Net Book



Amount

 

Amortization

 

Value

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

Developed technology - PREBOOST®

$

2,400,000 

 

$

523,172 

 

$

1,876,828 

Covenants not-to-compete

 

500,000 

 

 

208,333 

 

 

291,667 

Total intangible assets with finite lives

 

2,900,000 

 

 

731,505 

 

 

2,168,495 

Acquired in-process research and development assets

 

18,000,000 

 

 

 —

 

 

18,000,000 

Total intangible assets

$

20,900,000 

 

$

731,505 

 

$

20,168,495