Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.10.0.1
Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides a reconciliation of the beginning and ending balances for the contingent consideration measured at fair value using significant unobservable inputs (Level 3):

 

    Fair Value Measurement at Reporting
Date Using Significant Unobservable
Inputs, Level 3
 
    Nine Months Ended September 30,  
    2018     2017  
Balance - January 1,   $ 603,411     $ 929,549  
Change in fair value     68,253       151,423  
Settlement in the form of shares issued     -       (331,676 )
Payments     (111,495 )     (79,603 )
Balance - September 30,   $ 560,169     $ 669,693