Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.19.1
Goodwill
 12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Goodwill
The changes in the carrying amount of goodwill for the years ended December 31, 2018 and 2017 were as follows:
Balance at December 31, 2016
 
$
—

 
Goodwill from acquisition of TRx Pharmaceuticals
 
14,292,282

 
Balance at December 31, 2017
 
$
14,292,282

 
Goodwill from acquisition of Avadel's pediatric products
 
3,778,001

 
Goodwill purchase price allocation measurement period adjustment from acquisition of TRx Pharmaceuticals
 
(1,659,160
)
 
Balance at December 31, 2018
 
$
16,411,123

 


There were no accumulated impairment losses to goodwill at December 31, 2018 or December 31, 2017.