Quarterly report pursuant to Section 13 or 15(d)

Amortizable intangible assets (Notes)

v2.4.1.9
Amortizable intangible assets (Notes)
 3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible assets other than goodwill
As of December 31, 2014 and March 31, 2015 the Company has the following amounts related to intangible assets:
 
Product
Certifications
 
Patents
 
Developed Technology
 
Total
Balance at December 31, 2014
 

 
 

 
 
 
 

Intangible assets
$
475,344

 
$
514,930

 
$
240,000

 
$
1,230,274

Less - accumulated amortization
(128,732
)
 
(62,242
)
 
(28,000
)
 
(218,974
)
 
$
346,612

 
$
452,688

 
$
212,000

 
$
1,011,300

 
 
 
 
 
 
 
 
Balance at March 31, 2015
 

 
 

 
 
 
 

Intangible assets
$
487,176

 
$
550,335

 
240,000

 
$
1,277,511

Less - accumulated amortization
(140,811
)
 
(69,446
)
 
(32,000
)
 
(242,257
)
 
$
346,365

 
$
480,889

 
$
208,000

 
$
1,035,254

The aggregate amortization expense of the Company's intangible assets for the three months ended March 31, 2015 and 2014 was $23,283 and $19,972, respectively.