XML 41 R26.htm IDEA: XBRL DOCUMENT v3.3.1.900
5. INTANGIBLE ASSETS AND ASSET ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2015
Intangible Assets And Asset Acquisition Tables  
Definite life intangible assets
   

December 31,

2015

   

December 31,

2014

 
             
Intellectual Property and Patents   $ 2,848,300     $ 2,848,300  
Less: Accumulated Amortization      1,000,752        631,244  
Intangible Assets, net   $ 1,847,548     $ 2,217,056  
Indefinite life intangible assets

 

Trademarks

  $ 440,000     $ 440,000  

 

 

Total Intangible Assets, net

  $ 2,287,548     $ 2,657,056  
Approximate amortization over the next five years
 Twelve Month Period Ending December 31,   Amount  
       
 2016   $ 370,000  
 2017     370,000  
 2018     370,000  
 2019     370,000  
 2020      368,000  
         
    $ 1,848,000