Quarterly report pursuant to Section 13 or 15(d)

Patents

v3.2.0.727
Patents
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]
Note 6 – Patents
 
Patents, net consisted of the following:
 
 
 
June 30,
 
December 31,
 
 
 
2015
 
2014
 
 
 
(unaudited)
 
 
 
 
Patents
 
$
1,132,307
 
$
1,040,219
 
Accumulated amortization
 
 
(37,217)
 
 
(27,255)
 
 
 
$
1,095,090
 
$
1,012,964
 
 
For the six months ended June 30, 2015, capitalized patent costs of $103,289 were written off as the Company chose to discontinue pursuit of the associated patents. The expense associated with the write-offs is included in general and administrative expenses.