Quarterly report pursuant to Section 13 or 15(d)

Amortizable intangible assets

v3.3.0.814
Amortizable intangible assets
 9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets other than goodwill
Intangible assets other than goodwill
As of December 31, 2014 and September 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 September 30, 2015
 

 
 

 
 
 
 

Intangible assets
$
510,127

 
$
590,649

 
240,000

 
$
1,340,776

Less - accumulated amortization
(170,236
)
 
(84,224
)
 
(40,000
)
 
(294,460
)
 
$
339,891

 
$
506,425

 
$
200,000

 
$
1,046,316


The aggregate amortization expense of the Company's intangible assets for the three and nine months ended September 30, 2015 and 2014 was $24,067 and $22,255, and $75,487 and $63,181, respectively.