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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2016
Intangible Assets [Abstract]  
Summary of intangible assets
  Weighted Average Remaining Amortization
Period (years)
 Cost  

Accumulated

Amortization

  

 

Net Book Value

 
March 31, 2016           
Licenses 3.5 $462,234  $340,524  $121,710 
Patents 0.8  1,893,185   1,841,581   51,604 
Total   $2,355,419  $2,182,105  $173,314 

 

December 31, 2015

              
Licenses 3.8 $462,234  $333,732  $128,502 
Patents 1.1  1,893,185   1,832,955   60,230 
Total   $2,355,419  $2,166,687  $188,732
Summary of annual amortization expense
  Amortization Expense 
April 1 through December 31,2016 $46,382 
2017 $61,800 
2018 $37,300 
2019 $27,832