Schedule of Finite-Lived Intangible Assets [Table Text Block] |
As of December 31, 2016 and March 31, 2017 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, 2016 |
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Intangible assets |
$ |
544,651 |
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$ |
681,155 |
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$ |
240,000 |
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$ |
17,165 |
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$ |
1,482,971 |
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Less - accumulated amortization |
(233,992 |
) |
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(123,012 |
) |
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(60,000 |
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— |
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(417,004 |
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$ |
310,659 |
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$ |
558,143 |
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$ |
180,000 |
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$ |
17,165 |
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$ |
1,065,967 |
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Balance at March 31, 2017 |
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Intangible assets |
$ |
582,166 |
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$ |
696,498 |
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240,000 |
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$ |
17,915 |
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$ |
1,536,579 |
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Less - accumulated amortization |
(246,830 |
) |
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(131,002 |
) |
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(64,000 |
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— |
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(441,832 |
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$ |
335,336 |
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$ |
565,496 |
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$ |
176,000 |
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$ |
17,915 |
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$ |
1,094,747 |
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