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Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

The changes in the carrying amount of intangible assets for nine months ended September 30, 2015 were as follows:

 

Balance at December 31, 2014   $ 3,307,797  
Addition: Acquisition of patent     125,000  
Deduction: Amortization expense     (701,460 )
Deduction: Disposal of trademarks     (64,819 )
Balance at September 30, 2015   $ 2,666,518  

Schedule of Amortization of Acquisition Related Intangible Assets

The following summarizes amortization of intangible assets included in the statement of operations:

 

    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2015     2014     2015     2014  
Cost of sales   $ 59,163     $ 59,163     $ 288,898     $ 242,354  
General and administrative     138,090       28,785       412,562       96,688  
    $ 197,253     $ 87,948     $ 701,460     $ 339,042