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Note 6 - Intangible Assets, At Cost
9 Months Ended
Sep. 30, 2014
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

NOTE 6:

INTANGIBLE ASSETS, AT COST


Intangible assets consist of the following:


   

September 30, 2014

   

December 31, 2013

         
                                        Estimated  
          Accumulated     Net book           Accumulated     Net book     useful life  

Asset

 

Cost

   

amortization

   

value

   

Cost

   

amortization

   

value

   

 (years)

 

eClinical customer lists

  $ 1,392,701     $ 1,392,701     $ -0-     $ 1,392,701     $ 1,392,701     $ -0-       3  

Promasys B.V. customer lists

    124,725       7,622       117,103       136,253       1,514       134,739       15  

Promasys B.V. software code

    72,837       13,353       59,484       72,943       2,431       70,512       5  

Promasys B.V. URLs/Website

    62,993       19,248       43,745       68,814       3,823       64,991       3  
Total    $ 1,653,256     $ 1,432,924     $ 220,332     $ 1,670,711     $ 1,400,469     $ 270,242          

Amortization expense was $34,549 and $-0- for the nine month periods ended September 30, 2014 and September 30, 2013, respectively.


Remaining amortization expense for the Company’s intangible assets is as follows:


2014

  $ 10,970  

2015

    43,880  

2016

    40,380  

2017

    22,883  

2018

    20,454  

Thereafter

    81,765  

Total

  $ 220,332