6. Deferred Revenue (Details Narrative) - USD ($) |
Jun. 30, 2018 |
Dec. 31, 2017 |
|---|---|---|
| Deferred revenue | $ 4,812,007 | $ 5,085,383 |
| Future Royalty [Member] | ||
| Deferred revenue | 2,000,000 | $ 2,000,000 |
| Distribution Rights [Member] | ||
| Deferred revenue | $ 1,489,583 |
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- Definition Amount of deferred revenue as of balance sheet date. Deferred revenue represents collections of cash or other assets related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. No definition available.
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