XML 43 R19.htm IDEA: XBRL DOCUMENT v2.4.1.9
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2014
INTANGIBLE ASSETS  
Schedule of components of intangible assets

 

 

 

December 31, 2014

 

December 31, 2013

 

 

 

Gross Carrying

 

Accumulated

 

Gross Carrying

 

Accumulated

 

 

 

Amount

 

Amortization

 

Amount

 

Amortization

 

 

 

 

 

 

 

 

 

 

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

Patents

 

$

402,789

 

$

(62,676

)

$

345,790

 

$

(46,692

)

Licenses

 

50,000

 

(39,584

)

50,000

 

(36,459

)

Non-compete agreements

 

100,000

 

(96,658

)

100,000

 

(89,992

)

 

 

$

552,789

 

$

(198,918

)

$

495,790

 

$

(173,143

)

 

 

 

2014

 

2013

 

Aggregate amortization expense:

 

 

 

 

 

For the years ended December 31

 

$

25,775 

 

$

53,314 

 

 

Schedule of estimated amortization expense

 

2015

 

$

23,000 

 

2016

 

20,000 

 

2017

 

20,000 

 

2018

 

18,000 

 

2019

 

16,000