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4. Intangible Assets
 3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
4. Intangible Assets

Note 4 Intangible Assets

 

Intangible assets (patents) consisted of the following at March 31, 2016 and December 31, 2015:

   

March 31, 2016

(Unaudited)

  

December 31, 2015

(Audited) 

                 
Patents   $ 110,387     $ 103,792  
Less: Impairment Charges     —         —    
Less: Accumulated Amortization     (22,395 )     (20,618 )
Patents - net   $ 87,992     $ 83,174  

 

Amortization expense associated with patents amounted to $1,777 for the three months ended March 31, 2016 and $1,015 for the three months ended March 31, 2015.

 

At March 31, 2016, future amortization of intangible assets was as follows:

 

  Year Ending December 31          
  2016     $ 5,496  
  2017       7,359  
  2018       7,359  
  2019       7,359  
  2020       7,359  
  2021 and Thereafter       53,040  
        $ 87,992  

 

Actual amortization expense in future periods could differ from these estimates as a result of future acquisitions, divestitures, impairments and other factors.