Quarterly report pursuant to Section 13 or 15(d)

Intangible assets other than goodwill

v3.4.0.3
Intangible assets other than goodwill
 3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets other than goodwill
Intangible assets other than goodwill
As of December 31, 2015 and March 31, 2016 the Company has the following amounts related to intangible assets:
 
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 March 31, 2016
 

 
 

 
 
 
 
 
 

Intangible assets
$
514,616

 
$
631,024

 
240,000

 
$
5,625

 
$
1,391,265

Less - accumulated amortization
(195,681
)
 
(99,304
)
 
(48,000
)
 
—

 
(342,985
)
 
$
318,935

 
$
531,720

 
$
192,000

 
$
5,625

 
$
1,048,280


The aggregate amortization expense of the Company's intangible assets for the three months ended March 31, 2016 and 2015 was $24,290 and $23,283, respectively.