XML 70 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 4 - Intangible Assets
9 Months Ended
Sep. 30, 2014
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

Note 4—Intangible Assets


Intangible assets consist of the following:


   

September 30,

2014

   

December 31,

2013

 
                 

Trademarks and domains names

  $ 6,124,994     $ 6,124,994  

Advertising customer relationships

    1,165,000       1,165,000  

Mobile applications

    1,725,000       1,725,000  
      9,014,994       9,014,994  

Less accumulated amortization

    (5,695,803

)

    (4,227,053

)

Intangible assets—net

  $ 3,319,191     $ 4,787,941  

Amortization expense was approximately $489,000 and $1,469,000 for each of the three and nine months ended September 30, 2014 and 2013, respectively.


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


Years ending December 31:

       
         

Remaining in 2014

  $ 424,860  

2015

    1,569,999  

2016

    1,324,332  

Total

  $ 3,319,191