Quarterly report pursuant to Section 13 or 15(d)

Amortizable intangible assets (Notes)

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Amortizable intangible assets (Notes)
6 Months Ended
Jun. 30, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible assets other than goodwill

As of June 30, 2013 the Company has the following amounts related to intangible assets:

 
Gross Carrying Amount
 
Accumulated Amortization
Patent costs
$
355,961

 
$
29,192

Product certifications
290,660

 
69,399

Developed technology
240,000

 
4,000

 
$
886,621

 
$
102,591



The aggregate amortization expense of the Company's intangible assets for the six months ended June 30, 2013 and 2012 was $24,247 and $15,457, respectively.

Estimated future annual amortization expense related to the intangible assets is as follows:

2013
 
$
29,450

2014
 
94,640

2015
 
94,640

2016
 
94,640

2017
 
94,640

Thereafter
 
376,020

 
 
$
784,030