Intangible Assets

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 5: Intangible Assets

Intangible assets are as follows:

	September 30, 2015			December 31, 2014
Intangible assets:
Trade names	$	373,632		$	381,473
Technology		4,037,358			4,095,892
Customer relationships		3,672,873			3,699,237
Total		8,083,863			8,176,602
Less: Accumulated amortization		(1,395,037	)		(281,364	)
	$	6,688,826		$	7,895,238

Estimated amortization expense for the remainder of 2015 and subsequent years is as follows:

Remainder of 2015	$	372,386
2016		1,381,714
2017		1,144,987
2018		977,511
2019		763,379
2020		589,409
Thereafter		1,459,440
Total	$	6,688,826

Amortization expense for the three and nine months ended September 30, 2015 was $379,053 and $1,140,627, respectively. Amortization expense for the three and nine months ended September 30, 2014 was $25,677.