Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

4.  Intangible Assets and Goodwill    

	December 31,
Intangible assets consisted of:	2015		2014
First Aid Only Tradename, Customer List	$	8,910,010	$	8,910,000
Patents		2,242,844		2,111,978
Trademarks		663,698		663,698
Pac-Kit Tradename, Customer List		1,500,000		1,500,000
C-Thru, Customer List		1,050,000		1,050,000
Subtotal		14,366,552		14,235,676
Accumulated amortization		2,415,561		1,681,065
Subtotal Intangible assets		11,950,991		12,554,611
Goodwill		1,406,000		1,375,000
	$	13,356,991	$	13,929,611

Amortization expense for patents and trademarks for the years ended December 31, 2015, and 2014 were $734,496 and $516,187, respectively. The estimated aggregate amortization expense for each of the next five succeeding years, calculated on a similar basis, is as follows: 2016 - $710,957; 2017 - $707,014; 2018 - $686,004; 2019 - $635,761; and 2020 - $631,140.