XML 30 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Intangible Assets
 12 Months Ended
Dec. 31, 2011
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
INTANGIBLE ASSETS
The Company has a patent for the real-time calculation of shipping costs for items purchased through online auctions using a zip code as a destination location indicator. It includes shipping charge calculations across multiple carriers and accounts for additional characteristics of the item being shipped, such as weight, special packaging or handling, and insurance costs.

On April 19, 2011, the Company was granted a patent for a technique for facilitating advanced, rapid, accurate estimation of shipping costs across multiple shipping carriers and shipping options between buyer and seller in an online auction.

At December 31, intangible assets consisted of the following:
 
2011
 
2010
 
2009
Patents
$
16,000

 
$
16,000

 
$
16,000

 
16,000

 
16,000

 
16,000

Accumulated amortization
(8,900
)
 
(8,000
)
 
(7,000
)
 
$
7,100

 
$
8,000

 
$
9,000

Amortization expense of intangible assets for the years ended December 31, 2011, 2010, and 2009 was approximately $900.
Estimated future annual amortization expense is approximately $900 for each year through 2019.