Schedule of Finite-Lived Intangible Assets [Table Text Block] |
As of December 31, 2014 and June 30, 2015 the Company has the following amounts related to intangible assets:
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Product
Certifications
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Patents |
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Developed Technology |
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Total |
Balance at December 31, 2014 |
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Intangible assets |
$ |
475,344 |
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|
$ |
514,930 |
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|
$ |
240,000 |
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$ |
1,230,274 |
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Less - accumulated amortization |
(128,732 |
) |
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(62,242 |
) |
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(28,000 |
) |
|
(218,974 |
) |
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$ |
346,612 |
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$ |
452,688 |
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$ |
212,000 |
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$ |
1,011,300 |
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Balance at June 30, 2015 |
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Intangible assets |
$ |
508,127 |
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$ |
577,232 |
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|
240,000 |
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$ |
1,325,359 |
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Less - accumulated amortization |
(157,618 |
) |
|
(76,775 |
) |
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(36,000 |
) |
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(270,393 |
) |
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$ |
350,509 |
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$ |
500,457 |
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$ |
204,000 |
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$ |
1,054,966 |
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