Quarterly report pursuant to Section 13 or 15(d)

Amortizable intangible assets (Tables)

v3.2.0.727
Amortizable intangible assets (Tables)
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
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:
 
Product
Certifications
 
Patents
 
Developed Technology
 
Total
Balance at December 31, 2014
 

 
 

 
 
 
 

Intangible assets
$
475,344

 
$
514,930

 
$
240,000

 
$
1,230,274

Less - accumulated amortization
(128,732
)
 
(62,242
)
 
(28,000
)
 
(218,974
)
 
$
346,612

 
$
452,688

 
$
212,000

 
$
1,011,300

 
 
 
 
 
 
 
 
Balance at June 30, 2015
 

 
 

 
 
 
 

Intangible assets
$
508,127

 
$
577,232

 
240,000

 
$
1,325,359

Less - accumulated amortization
(157,618
)
 
(76,775
)
 
(36,000
)
 
(270,393
)
 
$
350,509

 
$
500,457

 
$
204,000

 
$
1,054,966