Schedule of carrying values of definite-lived intangible assets |
|
|
Patents |
|
Non-compete |
|
Customer list |
|
Total |
|
Estimated useful life |
|
14 years |
|
5 years |
|
5 years |
|
|
|
Gross amount at September 30, 2013 |
|
$ |
428,806 |
|
$ |
512,000 |
|
$ |
2,046,436 |
|
$ |
2,987,242 |
|
Accumulated amortization at September 30, 2013 |
|
(428,806 |
) |
(225,800 |
) |
(866,895 |
) |
(1,521,501 |
) |
Net balance at September 30, 2013 |
|
$ |
— |
|
$ |
286,200 |
|
$ |
1,179,541 |
|
$ |
1,465,741 |
|
Gross amount at December 31, 2012 |
|
$ |
428,806 |
|
$ |
512,000 |
|
$ |
2,306,436 |
|
$ |
3,247,242 |
|
Accumulated amortization at December 31, 2012 |
|
(428,806 |
) |
(156,500 |
) |
(577,995 |
) |
(1,163,301 |
) |
Net balance at December 31, 2012 |
|
$ |
— |
|
$ |
355,500 |
|
$ |
1,728,441 |
|
$ |
2,083,941 |
| |