Quarterly report pursuant to Section 13 or 15(d)

Intangible assets other than goodwill

v3.5.0.2
Intangible assets other than goodwill
 6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets other than goodwill
Intangible assets other than goodwill
As of December 31, 2015 and June 30, 2016 the Company has the following amounts related to intangible assets:
 
Product
Certifications
 
Patents
 
Developed Technology
 
Trademarks
 
Total
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

 
 
 
 
 
 
 
 
 
 
Balance at June 30, 2016
 

 
 

 
 
 
 
 
 

Intangible assets
$
514,616

 
$
650,311

 
240,000

 
9,350

 
$
1,414,277

Less - accumulated amortization
(208,433
)
 
(107,032
)
 
(52,000
)
 
—

 
(367,465
)
 
$
306,183

 
$
543,279

 
$
188,000

 
$
9,350

 
$
1,046,812


The aggregate amortization expense of the Company's intangible assets for the three and six months ended June 30, 2016 and 2015 was $24,480 and $28,136 and $48,770 and $51,419, respectively.