Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v2.4.0.6
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2013
Intangible Assets Tables  
Patents amortized over their remaining lives

The patents are being amortized over their remaining lives, which are 12 years and 19 years.

 

                December 31,  
                2012  
          Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                         
Patents     1,666,346       236,108       1,430,238  
                         
      1,666,346       236,108       1,430,238  

 

                    March 31,  
                     2013  
            Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                         
Patents     1,631,432       258,075       1,373,358  
                         
      1,631,432       258,075       1,373,358  

Annual estimated amortization schedule

The annual estimated amortization schedule over the next five years is as follows:

 

2013   $ 85,792  
2014   $ 114,389  
2015   $ 114,389  
2016   $ 114,389  
2017   $ 114,389