XML 38 R12.htm IDEA: XBRL DOCUMENT
v3.19.3

Patents and Other Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2019
Patents and Other Intangible Assets |
Patents and Other Intangible Assets | Note 4 – Patents and Other Intangible Assets Patents and other intangible assets are summarized as follows:
|  | September 30, |  | December 31,
|  | 2019 |  | 2018
|  | (Unaudited) |  |  |
Patents |  |  |  |  |  |
Patents pending |  | $ | 847,000 |  | $ | 1,202,000
Issued patents |  |  | 558,000 |  |  | 761,000
|  |  | 1,405,000 |  |  | 1,963,000
Trademarks |  |  |  |  |  |
Trademarks pending |  |  | 64,000 |  |  | 55,000
Registered trademarks |  |  | 23,000 |  |  | 23,000
|  |  | 87,000 |  |  | 78,000
Other |  |  | 8,000 |  |  | 8,000
|  |  | 1,500,000 |  |  | 2,049,000
Accumulated amortization |  |  | (256,000) |  |  | (290,000)
|  | $ | 1,244,000 |  | $ | 1,759,000
The Company monitors and assesses the net realizable value of the Company’s patent portfolio at each reporting period. As a result of management’s assessment of the Company’s patent portfolio in terms of cost-effectiveness and alignment with the focus on those patents that have significant future commercial value to the Company, an impairment charge of $337,000 and $733,000, respectively, was recorded during the three and nine months ended September 30, 2019. Future amortization expense associated with issued patents and registered trademarks as of September 30, 2019 is estimated as follows (unaudited):
2019 (remaining 3 months) |  | $ | 31,000
2020 |  |  | 123,000
2021 |  |  | 90,000
2022 |  |  | 54,000
2023 |  |  | 21,000
Thereafter |  |  | 6,000
|  | $ | 325,000

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration