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Patents
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Dec. 31, 2014
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets Disclosure [Text Block] |
Note 7 — Patents
Patents consisted of the following:
Amortization expense related to patents awarded amounted to $14,204 and $8,585 for the years ended December 31, 2014 and 2013, respectively. Amortization expense for the succeeding five years and thereafter is $14,727 (2015); $14,727 (2016); $14,727 (2017); $14,727 (2018); $14,727 (2019); and $193,650 (thereafter).
At December 31, 2014 and 2013, the Company had capitalized approximately $746,000 and $381,000, respectively, for costs related to patents that have not been awarded.
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- Details
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- Definition
The entire disclosure for all or part of the information related to intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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