Intangible Assets

12 Months Ended

Sep. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets Disclosure [Text Block]

Note 6 – Intangible Assets

Intangible assets at September 30, 2016 and 2015 consist of the following:

	Useful		Gross		Accumulated
September 30, 2016	Life (years)		Amount		Amortization		Net
Acquired Customer Base		5 to 15	$	718,000	$	473,000	$	245,000
Know How		15		512,000		282,000		230,000
Trade Name		Indefinite		272,000		-		272,000
Patents		15		326,000		6,000		320,000
Biomedical Technologies		5		260,000		260,000		-
			$	2,088,000	$	1,021,000	$	1,067,000

	Useful		Gross		Accumulated
September 30, 2015	Life (years)		Amount		Amortization		Net
Acquired Customer Base		5 to 15	$	824,000	$	464,000	$	360,000
Know How		15		512,000		248,000		264,000
Trade Name		Indefinite		318,000		-		318,000
Patents		15		223,000		-		223,000
Biomedical Technologies		5		260,000		200,000		60,000
			$	2,137,000	$	912,000	$	1,225,000

Amortization expense for both the years ended September 30, 2016 and 2015 was $170,000

.

Estimated amortization expense for each of the next five fiscal years is as follows:

	2017		2018		2019		2020		2021		Thereafter		Total
Acquired Customer Base	$	80,000	$	80,000	$	80,000	$	5,000	$	-	$	-	$	245,000
Know How		34,000		34,000		34,000		34,000		34,000		60,000		230,000
Patents		9,000		9,000		9,000		9,000		9,000		80,000		125,000
	$	123,000	$	123,000	$	123,000	$	48,000	$	43,000	$	140,000	$	600,000

As of September 30, 2016, Xcede has $195,000 in capitalized patent costs related to patents that have not been granted, therefore, the amortization related to these patents is not included in the five-year amortization table above.