Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v2.4.0.8
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2013
Intangible Assets Tables  
Patents amortized over their remaining lives

The patents are being amortized over their remaining lives, which are 10 years and 18 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  
                         
                    June 30,  
                    2013  
            Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                         
Patents     1,648,144       289,518       1,358,626  
                         
      1,648,144       289,518       1,358,626  

 

Annual estimated amortization schedule

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

 

2013   $ 56,942  
2014   $ 113,884  
2015   $ 113,884  
2016   $ 113,884  
2017   $ 113,884