XML 88 R13.htm IDEA: XBRL DOCUMENT v2.4.1.9
Note 6 - Intangible Assets, at Cost
3 Months Ended
Mar. 31, 2015
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

NOTE 6:

INTANGIBLE ASSETS, AT COST

   
  Intangible assets consist of the following:

   

March 31, 2015

   

December 31, 2014

         

Asset

 

Cost

   

Accumulated amortization

   

Net book

value

   

Cost

   

Accumulated amortization

   

Net book value

   

Estimated useful life (years)

 

eClinical customer lists

  $ 1,392,701     $ 1,392,701     $ -0-     $ 1,392,701     $ 1,392,701     $ -0-       3  

Promasys B.V. customer lists

    106,187       10,029       96,158       120,305       9,357       110,948       15  

Promasys B.V. software code

    72,837       20,637       52,200       72,837       16,995       55,842       5  

Promasys B.V. URLs/Website

    53,630       25,325       28,305       60,760       23,629       37,131       3  

Total

  $ 1,625,355     $ 1,448,692     $ 176,663     $ 1,646,603     $ 1,442,682     $ 203,921          

Amortization expense was $10,180 and $11,617 for the three month periods ended March 31, 2015 and March 31, 2014, respectively.


Remaining amortization expense for the Company’s intangible assets is as follows:


2015

  $ 29,642  

2016

    36,544  

2017

    21,647  

2018

    19,219  

2019

    7,079  

Thereafter

    62,532  

Total

  $ 176,663