XML 60 R26.htm IDEA: XBRL DOCUMENT
v2.4.1.9

INTANGIBLE ASSETS (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets | The following table sets forth the gross carrying amount and accumulated amortization of our intangible assets as of March 31, 2015 and December 31, 2014:
|  | March 31, 2015
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted- Average Amortization Period (yrs.)
Amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
OPERA® software patent |  | $ | 31,951 |  |  | $ | (2,995 | ) |  | $ | 28,956 |  |  |  | 14.5 |
Development costs of corporate website |  |  | 91,743 |  |  |  | (91,743 | ) |  |  | — |  |  |  | n/a |
Approved hormone therapy drug candidate patents |  |  | 439,184 |  |  |  | (25,593 | ) |  |  | 413,591 |  |  |  | 17.75 |
Non-amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hormone therapy drug candidate patents (pending) |  |  | 691,465 |  |  |  | — |  |  |  | 691,465 |  |  |  | n/a |
Multiple trademarks for vitamins/supplements |  |  | 124,738 |  |  |  | — |  |  |  | 124,738 |  |  |  | n/a |
Total |  | $ | 1,379,081 |  |  | $ | (120,331 | ) |  | $ | 1,258,750 |  |  |  |  |
|  | December 31, 2014
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Amount |  | Weighted- Average Amortization Period (yrs.)
Amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
OPERA® software patent |  | $ | 31,951 |  |  | $ | (2,496 | ) |  | $ | 29,455 |  |  |  | 14.75 |
Development costs of corporate website |  |  | 91,743 |  |  |  | (91,743 | ) |  |  | — |  |  |  | n/a |
Approved hormone therapy drug candidate patents |  |  | 439,184 |  |  |  | (19,401 | ) |  |  | 419,783 |  |  |  | 18 |
Non-amortizing intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Hormone therapy drug candidate patents (pending) |  |  | 675,982 |  |  |  | — |  |  |  | 675,982 |  |  |  | n/a |
Multiple trademarks for vitamins/supplements |  |  | 103,368 |  |  |  | — |  |  |  | 103,368 |  |  |  | n/a |
Total |  | $ | 1,342,228 |  |  | $ | (113,640 | ) |  | $ | 1,228,588 |  |  |  |  |
Schedule of estimated amortization expense | Estimated amortization expense for the next five years is as follows:
Year Ending December 31, |  | Estimated Amortization
| 2015 (9 months) |  |  | $ | 20,074 |
| 2016 |  |  | $ | 26,765 |
| 2017 |  |  | $ | 26,765 |
| 2018 |  |  | $ | 26,765 |
| 2019 |  |  | $ | 26,765 |

X
- Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration