Annual report pursuant to Section 13 and 15(d)

Intangible assets other than goodwill (Tables)

v3.6.0.2
Intangible assets other than goodwill (Tables)
 12 Months Ended
Dec. 31, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-Lived Intangible Assets
Intangible assets at December 31, 2016 and 2015 consist of the following:
 
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 December 31, 2015


 


 
 
 
 
 
 

Intangible assets
$
514,616

 
$
603,915

 
240,000

 
4,775

 
$
1,363,306

Less - accumulated amortization
(182,931
)
 
(91,764
)
 
(44,000
)
 
—

 
(318,695
)
 
$
331,685

 
$
512,151

 
$
196,000

 
$
4,775

 
$
1,044,611

Schedule of Estimated Future Amortization Expense
Estimated amortization expense at December 31, 2016 for each of the five succeeding years and thereafter are as follows:
2017
$
167,316

2018
161,118

2019
142,725

2020
131,367

2021
119,987

Thereafter
343,454

 
$
1,065,967