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Intangible Assets
3 Months Ended
Mar. 31, 2012
Intangible Assets  
Intangible Assets

 

2.                                      Intangible Assets

 

Intangible assets consist of the following:

 

 

 

March 31,
2012

 

December 31,
2011

 

Patents

 

$

4,929,016

 

$

4,750,888

 

Accumulated amortization

 

(2,849,717

)

(2,756,169

)

Patents, net

 

2,079,299

 

1,994,719

 

Other intangibles

 

1,900,906

 

1,852,703

 

Accumulated amortization

 

(1,416,350

)

(1,329,381

)

Other intangibles, net

 

484,556

 

523,322

 

Intangible assets, net

 

$

2,563,855

 

$

2,518,041

 

 

Amortization expense associated with our intangibles was $180,517 and $170,448 in the three months ended March 31, 2012 and 2011, respectively.  Amortization expense is included in general and administrative expenses in the accompanying condensed consolidated statements of operations.