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Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Intangible Assets
Intangible assets at September 30, 2013 and December 31, 2012 consisted of the following:
 
 
 
September 30, 2013
 
December 31, 2012
 
Patent costs
 
$
1,154,523
 
$
1,154,523
 
Less — Accumulated amortization
 
 
(837,341)
 
 
(755,392)
 
Total
 
$
317,182
 
$
399,131
Patent Costs Amortized on a Straight-Line Basis
Patent costs which are amortized on a straight-line basis over a 10-year life, are scheduled to amortize as follows:
 
Year ending December 31, 
 
2013 (remaining three months)
$
27,317
2014
 
94,100
2015
 
77,656
2016
 
61,119
Thereafter.
 
56,990
 
$
317,182