Annual report pursuant to Section 13 and 15(d)

Intangible assets (Tables)

v3.3.1.900
Intangible assets (Tables)
 12 Months Ended
Dec. 31, 2015
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets at December 31, 2015 and 2014 consist of the following:
 
Product
Certifications
 
Patents
 
Developed Technology
 
Trademarks
 
Total
Balance at December 31, 2015
 

 
 

 
 
 
 
 
 

Intangible assets
$
514,616

 
$
603,915

 
$
240,000

 
$
4,775

 
$
1,363,306

Less - accumulated amortization
(182,931
)
 
(91,764
)
 
(44,000
)
 
—

 
(318,695
)
 
$
331,685

 
$
512,151

 
$
196,000

 
$
4,775

 
$
1,044,611

 
 
 
 
 
 
 
 
 
 
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

Schedule of Estimated Future Amortization Expense
Estimated amortization expense at December 31, 2015 for each of the five succeeding years and thereafter are as follows:
2016
$
153,278

2017
153,278

2018
147,081

2019
130,430

2020
124,518

Thereafter
336,026

 
$
1,044,611