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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2015
Intangible Assets [Abstract]  
Summary of intangible assets
  Weighted Average 
Remaining Amortization 
Period (years)
 Cost  

Accumulated

Amortization

  

 

Net Book Value

 
March 31, 2015           
Licenses 4.5 $462,234  $313,211  $149,023 
Patents 1.7  1,893,185   1,686,298   206,887 
Total 2.4 $2,355,419  $1,999,509  $355,910 

 

December 31, 2014

              
Licenses 4.7 $462,234  $306,495  $155,739 
Patents 1.9  1,893,185   1,638,975   254,210 
Total 2.6 $2,355,419   $ 1, 945,470  $409,949 
 
Summary of annual amortization expense
  Amortization Expense 
   April 1 through 
December 31, 2015
 $162,100 
            2016 $81,900 
            2017 $37,300 
            2018 $37,300 
            2019 $37,300