XML 48 R26.htm IDEA: XBRL DOCUMENT v3.7.0.1
5. INTANGIBLE ASSETS AND ASSET ACQUISITION (Tables)
12 Months Ended
Dec. 31, 2016
Intangible Assets And Asset Acquisition Tables  
Definite life intangible assets
  

December 31,

2016

 

December 31,

2015

       
Intellectual Property and Patents  $2,848,300   $2,848,300 
Less: Accumulated Amortization   1,370,260    1,000,752 
Intangible Assets, net  $1,478,040   $1,847,548 
Indefinite life intangible assets
Trademarks  $440,000   $440,000 
Total Intangible Assets, net  $1,918,040   $2,287,548 
Approximate amortization over the next five years
Twelve Month Period Ending December 31,  Amount
    
 2017   $370,000 
 2018    370,000 
 2019    370,000 
 2020    368,000 
 2021    —   
     $1,478,000