Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v2.4.0.8
Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2014
Intangible Assets Tables  
Patents amortized over their remaining lives

                December 31,  
                2013  
          Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                   
Patents     1,314,559       312,516       1,002,043  
                         
      1,314,559       312,516       1,002,043  

 

                September 30,  
                2014  
          Accumulated     Net Carrying  
    Cost     Amortization     Value  
    $     $     $  
                   
Patents     1,219,969       357,216       862,753  
                         
      1,219,969       357,216       862,753  

 
Annual estimated amortization schedule

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

 

2014 - remaining   $ 22,721  
2015   $ 90,882  
2016   $ 90,882  
2017   $ 90,882  
2018   $ 90,882