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Intangible Assets
12 Months Ended
Dec. 31, 2014
Intangible Assets [Abstract]  
Intangible Assets
Note 7—Intangible Assets
 
Intangible assets at December 31, 2014 and 2013 consisted of the following:
 
 
 
2014
 
2013
 
 
 
 
 
 
 
Patent costs
 
$
1,154,523
 
$
1,154,523
 
Less — Accumulated amortization
 
 
(958,758)
 
 
(864,658)
 
Total
 
$
195,765
 
$
289,865
 
 
Patent amortization expense was $94,100 and $109,266 for the years ended December 31, 2014 and 2013, respectively.
 
Patent costs which are being amortized on a straight-line basis over a 10-year life, are scheduled to amortize as follows:
 
Year ended December 31,
 
2015.
 
 
77,656
 
2016.
 
 
61,119
 
2017.
 
 
42,229
 
2018
 
 
14,761
 
 
 
$
195,765