Schedule Of Intangible Assets By Major Class |
Intangible assets consist of the following: | | Patents and Trademarks | | Licenses | | Accumulated Amortization | | Total | | Balance as of January 1, 2012 | | $ | 3,676 | | $ | - | | $ | (368) | | $ | 3,308 | | Purchase of licenses | | | - | | | 1,226,500 | | | - | | | 1,226,500 | | Amortization expense | | | - | | | - | | | (52,451) | | | (52,451) | | Balance as of December 31, 2012 | | $ | 3,676 | | $ | 1,226,500 | | $ | (52,819) | | $ | 1,177,357 | | Amortization expense | | | - | | | - | | | (69,812) | | | (69,812) | | Balance as of December 31, 2013 | | $ | 3,676 | | $ | 1,226,500 | | $ | (122,631) | | $ | 1,107,545 | | Weighted average remaining amortization period at December 31, 2013 in years | | | 7.0 | | | 15.9 | | | | | | | | |
Schedule Of FiniteLived Intangible Assets Amortization Expense |
Amortization of intangible assets consists of the following: | | Patents and Trademarks | | Licenses | | Accumulated Amortization | | Balance as of January 1, 2012 | | $ | 368 | | $ | - | | $ | 368 | | Amortization expense | | | 368 | | | 52,083 | | | 52,451 | | Balance as of December 31, 2012 | | $ | 736 | | $ | 52,083 | | $ | 52,819 | | Amortization expense | | | 368 | | | 69,444 | | | 69,812 | | Balance as of December 31, 2013 | | $ | 1,104 | | $ | 121,527 | | $ | 122,631 | | |