Annual report pursuant to Section 13 and 15(d)

Goodwill and In-process R&D (Tables)

v3.19.1
Goodwill and In-process R&D (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and In-process R&D

The following table provides a rollforward of the Company’s goodwill as of December 31, 2017 and 2018:


 

 

Goodwill

 

Goodwill from acquisition of Pelican

 

$

2,189,338

 

Balance at December 31, 2017

 

 

2,189,338

 

Purchase accounting adjustments

 

 

—

 

Balance at December 31, 2018

 

$

2,189,338

 


The following table provides a rollforward of the Company’s in-process R&D as of December 31, 2017 and 2018:


 

 

In-process R&D

 

In-process R&D from acquisition of Pelican

 

$

5,866,000

 

Balance at December 31, 2017

 

 

5,866,000

 

Purchase accounting adjustments

 

 

—

 

Balance at December 31, 2018

 

$

5,866,000