Annual report pursuant to Section 13 and 15(d)

Intangible assets other than goodwill (Tables)

v3.19.1
Intangible assets other than goodwill (Tables)
 12 Months Ended
Dec. 31, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets and liabilities at December 31, 2018 and 2017 consist of the following:

 
 
December 31, 2018
 
December 31, 2017
Intangible assets
 
Cost
 
Accumulated Amortization
 
Net
 
Cost
 
Accumulated Amortization
 
Net
Product certifications
 
$
726,159

 
$
(345,658
)
 
$
380,501

 
$
605,704

 
$
(285,341
)
 
$
320,363

Patents
 
910,569

 
(188,239
)
 
722,330

 
808,323

 
(154,972
)
 
653,351

Developed technology
 
240,000

 
(92,000
)
 
148,000

 
240,000

 
(76,000
)
 
164,000

Trademarks
 
22,752

 
—

 
22,752

 
19,540

 
—

 
19,540

In process R&D
 
263,936

 
—

 
263,936

 
263,001

 
—

 
263,001

TTcogen intangible assets
 
29,607

 
(2,776
)
 
26,831

 
—

 
—

 
—

Favorable contract assets
 
1,561,739

 
(232,099
)
 
1,329,640

 
1,561,739

 
(85,536
)
 
1,476,203

 
 
$
3,754,762

 
$
(860,772
)
 
$
2,893,990

 
$
3,498,307

 
$
(601,849
)
 
$
2,896,458

 
 
 
 
 
 
 
 
 
 
 
 
 
Intangible liability
 
 
 
 
 
 
 
 
 
 
 
 
Unfavorable contract liability
 
$
7,912,275

 
$
(1,619,676
)
 
$
6,292,599

 
$
8,341,922

 
$
(612,255
)
 
$
7,729,667


Schedule of Estimated Future Amortization Expense
 
 
Non-contract related intangibles
 
Contract related intangibles
 
Total
2019
 
$
246,837

 
$
(705,430
)
 
(458,593
)
2020
 
237,903

 
(675,232
)
 
(437,329
)
2021
 
212,446

 
(680,719
)
 
(468,273
)
2022
 
205,369

 
(655,086
)
 
(449,717
)
2023
 
198,296

 
(578,426
)
 
(380,130
)
Thereafter
 
440,746

 
(1,668,066
)
 
(1,227,320
)
 
 
$
1,541,597

 
$
(4,962,959
)
 
$
(3,421,362
)