Quarterly report pursuant to Section 13 or 15(d)

Intangible assets other than goodwill

v3.7.0.1
Intangible assets other than goodwill
 3 Months Ended
Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets other than goodwill
Intangible assets other than goodwill
As of December 31, 2016 and March 31, 2017 the Company has the following amounts related to intangible assets:
 
Product
Certifications
 
Patents
 
Developed Technology
 
Trademarks
 
Total
Balance at December 31, 2016
 

 
 

 
 
 
 
 
 

Intangible assets
$
544,651

 
$
681,155

 
$
240,000

 
$
17,165

 
$
1,482,971

Less - accumulated amortization
(233,992
)
 
(123,012
)
 
(60,000
)
 
—

 
(417,004
)
 
$
310,659

 
$
558,143

 
$
180,000

 
$
17,165

 
$
1,065,967

 
 
 
 
 
 
 
 
 
 
Balance at March 31, 2017
 

 
 

 
 
 
 
 
 

Intangible assets
$
582,166

 
$
696,498

 
240,000

 
$
17,915

 
$
1,536,579

Less - accumulated amortization
(246,830
)
 
(131,002
)
 
(64,000
)
 
—

 
(441,832
)
 
$
335,336

 
$
565,496

 
$
176,000

 
$
17,915

 
$
1,094,747


The aggregate amortization expense of the Company's intangible assets for the three months ended March 31, 2017 and 2016 was $24,828 and $24,290, respectively.