Quarterly report pursuant to Section 13 or 15(d)

Intangible assets other than goodwill

v3.5.0.2
Intangible assets other than goodwill
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets other than goodwill
Intangible assets other than goodwill
As of December 31, 2015 and September 30, 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 September 30, 2016
 

 
 

 
 
 
 
 
 

Intangible assets
$
520,117

 
$
659,473

 
240,000

 
$
14,940

 
$
1,434,530

Less - accumulated amortization
(221,184
)
 
(115,022
)
 
(56,000
)
 
—

 
(392,206
)
 
$
298,933

 
$
544,451

 
$
184,000

 
$
14,940

 
$
1,042,324


The aggregate amortization expense of the Company's intangible assets for the three and nine months ended September 30, 2016 and 2015 was $24,741 and $24,067 and $73,511 and $75,487, respectively.