Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v2.4.0.8
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2014
Intangible Assets Tables  
Patents amortized over their remaining lives
 
 
 
 
 
 
 
 
 
 
 
Cost
 
 
 
 
 
 
 
 
 
 
Accumulated
Amortization
 
 
 
 
 
 
 
 
December 31,
2013
Net Carrying
Value
 
 
 
 
    $     $   $  
                         
Patents     1,314,559       312,516       1,002,043  
                         
      1,314,559       312,516       1,002,043  
                         
                    March 31,  
                      2014  
            Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                         
Patents     1,313,334       336,728       976,606  
                         
      1,313,334       336,728       976,606  
Annual estimated amortization schedule

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

 

2014 - remaining   $ 73,548  
2015   $ 98,064  
2016   $ 98,064  
2017   $ 98,064  
2018   $ 98,064