Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Intangible assets:

Schedule of finite-lived intangible assets

        The gross carrying amount and accumulated amortization of the Company's acquired identifiable intangible assets as of December 31, 2014 are as follows:

	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization			Total
Acquired technology	8 years	$	17,696,835	$	(16,539,683	)	$	1,157,152
Customer relationships	8 years		1,260,000		(977,833	)		282,167
Trademark	5 years		60,000		(9,000	)		51,000
		$	19,016,835	$	(17,526,516	)	$	1,490,319

        The gross carrying amount and accumulated amortization of the Company's acquired identifiable intangible assets as of December 31, 2013 are as follows:

	Weighted Average Amortization Period	Gross Carrying Amount		Accumulated Amortization			Total
Acquired technology	8 years	$	17,036,835	$	(14,301,907	)	$	2,734,928
Customer relationships	8 years		1,000,000		(833,333	)		166,667
		$	18,036,835	$	(15,135,240	)	$	2,901,595

Schedule of future amortization of intangible assets

2015	$	807,819
2016		170,000
2017		170,000
2018		170,000
2019		62,000
Thereafter		110,500
Total	$	1,490,319