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ACQUISITION OF AUDIOEYE, INC. BY AUDIOEYE ACQUISITION CORPORATION (Details) (USD $) |  |  | 0 Months Ended
--- | --- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Aug. 17, 2012 AudioEye Inc.
Acquisition |  |  |
Percentage of outstanding shares acquired |  |  | 80.00%
Purchase Price Allocation |  |  |
Cash paid for entity |  |  | $ 1,125,000
Stock issued for acquisition |  |  | 375,000
Stock issued for acquisition (in shares) |  |  | 1,500,000
Purchase price |  |  | 1,500,000
Less: Net Assets (deficit) |  |  | 2,752,342
Less: Identifiable Intangibles - Patents |  |  | (3,551,814)
Goodwill | 700,528 | 700,528 | 700,528
Net Assets (deficit) |  |  |
Current Assets |  |  | 109,521
Property, Plant & Equipment, net |  |  | 7,688
Current Liabilities |  |  | (1,517,724)
L/T Liabilities |  |  | (1,351,827)
Net assets |  |  | $ (2,752,342)

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