Annual report pursuant to Section 13 and 15(d)

Significant Accounting Policies (Tables)

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Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Marketable Securities

This includes basing value on yields currently available on comparable securities of issuers with similar credit ratings.

 

    Quoted Prices in Active Markets for Identical Assets or Liabilities 
(Level 1) 		    Quoted Prices for Similar Assets or Liabilities in Active Markets 
(Level 2) 		    Significant Unobservable Inputs
(Level 3) 		 
Marketable securities at December 31, 2018   $       -     $ 5,272,998     $          -  
                         
Marketable securities at December 31, 2017   $ -     $ 5,011,607     $ -  

Schedule of Estimated Useful Life of Property Plant and Equipment

The estimated useful lives for the current and comparative periods are as follows:

 

    Useful Life
    (in years)
Plant and equipment   5-12
Furniture and fixtures   5-10
Computer equipment & software   3-5
    Shorter of the
Leasehold Improvements   remaining lease or
    estimated useful life

Schedule of Estimated Useful Life of Other Intangible Assets

The estimated useful lives for the current and comparative periods are as follows:

 

  Useful Life
  (in years)
Patents and trademarks 12-17
Customer lists 5

Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share

The following securities are excluded from the calculation of weighted average dilutive common shares because their inclusion would have been anti-dilutive:

 

    For the Years Ended December 31,  
    2018     2017  
Incentive and Award Stock Options     10,502       31,875  
Unvested Restricted Shares of Common Stock     -       1,146  
Warrants     2,110,737       6,186,471  
Total potentially dilutive shares     2,121,239       6,219,492