| 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
|
|