PATENT COSTS (Tables)

9 Months Ended

Sep. 30, 2015

PATENT COSTS [Abstract]

Net Patent Costs

For each period presented below, net patent costs consisted of:

	September 30, 2015			December 31, 2014
Patents	$	695,530		$	671,326
Accumulated Amortization		(410,443	)		(376,296	)
	$	285,087		$	295,030

Estimated Aggregate Future Amortization Expense

The estimated aggregate amortization expense for the remaining three months of 2015 and each of the years below is approximately as follows:

2015	$	11,000
2016		37,000
2017		37,000
2018		37,000
2019		37,000
Thereafter	$	126,000