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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table summarizes the carrying amount of our intangible assets and goodwill, net of accumulated amortization:

 
 
 
March 31, 2016
 
December 31, 2015
 
Estimated
Life (years)
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Licenses
6-8
 
$
28,507

 
$
(28,507
)
 
$

 
$
28,507

 
$
(28,504
)
 
$
3

Patents
7
 
10,517

 
(10,517
)
 

 
10,517

 
(10,517
)
 

Purchased technology
6-16
 
4,708,495

 
(196,678
)
 
4,511,817

 
4,708,495

 
(116,584
)
 
4,591,911

Acquired IPR&D
Indefinite
 
116,000

 

 
116,000

 
116,000

 

 
116,000

Total
 
 
$
4,863,519

 
$
(235,702
)
 
$
4,627,817

 
$
4,863,519

 
$
(155,605
)
 
$
4,707,914

Goodwill
Indefinite
 
$
5,052,222

 
$
(2,901
)
 
$
5,049,321

 
$
5,050,786

 
$
(2,901
)
 
$
5,047,885


Schedule of Goodwill
The following table summarizes the changes in the carrying amount of goodwill:
Balance at December 31, 2015
$
5,047,885

Change in goodwill associated with prior acquisition
1,436

Balance at March 31, 2016
$
5,049,321