XML 22 R9.htm IDEA: XBRL DOCUMENT v3.2.0.727
Note 3 - Intangible Assets
6 Months Ended
Jun. 30, 2015
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

Note 3—Intangible Assets


Intangible assets consist of the following: 


   

June 30,

2015

   

December 31,

2014

 
                 

Trademarks and domains names

  $ 5,849,994     $ 6,124,994  

Advertising customer relationships

    1,165,000       1,165,000  

Mobile applications

    1,725,000       1,725,000  
      8,739,994       9,014,994  

Less accumulated amortization

    (6,703,996

)

    (6,120,664

)

Intangible assets - net

  $ 2,035,998     $ 2,894,330  

Amortization expense was approximately $379,000 and $489,000 for the three months ended June 30, 2015 and 2014, respectively. Amortization expense was approximately $767,000 and $979,000 for the six months ended June 30, 2015 and 2014, respectively.


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


Years ending December 31,

       

Remaining in 2015

  $ 757,500  

2016

    1,278,498  

Total

  $ 2,035,998