Schedule of Finite-Lived Intangible Assets [Table Text Block] |
As of December 31, 2015 and June 30, 2016 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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Trademarks |
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Total |
Balance at December 31, 2015 |
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Intangible assets |
$ |
514,616 |
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$ |
603,915 |
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$ |
240,000 |
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$ |
4,775 |
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$ |
1,363,306 |
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Less - accumulated amortization |
(182,931 |
) |
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(91,764 |
) |
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(44,000 |
) |
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— |
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(318,695 |
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$ |
331,685 |
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$ |
512,151 |
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$ |
196,000 |
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$ |
4,775 |
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$ |
1,044,611 |
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Balance at June 30, 2016 |
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Intangible assets |
$ |
514,616 |
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$ |
650,311 |
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240,000 |
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9,350 |
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$ |
1,414,277 |
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Less - accumulated amortization |
(208,433 |
) |
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(107,032 |
) |
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(52,000 |
) |
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— |
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(367,465 |
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$ |
306,183 |
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$ |
543,279 |
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$ |
188,000 |
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$ |
9,350 |
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$ |
1,046,812 |
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