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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2014
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
The Company’s intangible assets also include internally developed software used in the sales and delivery of its MMS offering. The following table summarizes purchased and internally developed intangible assets subject to amortization as follows:
 
 
 
DECEMBER 31, 2014
 
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
Gross Carrying
 
Accumulated
 
Net Book
 
Amortization
 
 
 
Amount
 
Amortization
 
Value
 
Period
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer Relationships
 
$
2,890,000
 
$
(1,652,500)
 
$
1,237,500
 
5.5
 
Channel Relationships
 
 
3,168,080
 
 
(440,804)
 
 
2,727,276
 
13.5
 
Telecommunications Software
 
 
3,113,936
 
 
(1,528,374)
 
 
1,585,562
 
2.7
 
Cybersecurity Software
 
 
271,219
 
 
(134,377)
 
 
136,842
 
3.0
 
Trade Name and Trademarks
 
 
515,472
 
 
(209,660)
 
 
305,812
 
9.0
 
Non-Compete Agreements
 
 
780,000
 
 
(780,000)
 
 
-
 
5.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
10,738,707
 
$
(4,745,715)
 
$
5,992,992
 
 
 
 
 
 
DECEMBER 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
Weighted
 
 
 
 
 
 
 
 
 
 
 
 
Average
 
 
 
Gross Carrying
 
Accumulated
 
Net Book
 
Amortization
 
 
 
Amount
 
Amortization
 
Value
 
Period
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Customer Relationships
 
$
2,890,000
 
$
(1,405,000)
 
$
1,485,000
 
6.0
 
Channel Relationships
 
 
540,000
 
 
(216,000)
 
 
324,000
 
4.0
 
Telecommunications Software
 
 
2,450,000
 
 
(1,089,667)
 
 
1,360,333
 
4.0
 
Cybersecurity Software
 
 
669,171
 
 
(530,486)
 
 
138,685
 
2.0
 
Trade Name and Trademarks
 
 
225,000
 
 
(179,750)
 
 
45,250
 
1.0
 
Non-Compete Agreements
 
 
780,000
 
 
(519,997)
 
 
260,003
 
2.0
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
7,554,171
 
$
(3,940,900)
 
$
3,613,271
 
 
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table summarizes reflects estimated future amortization for purchased intangible assets for fiscal years ending December 31:
 
2015
 
$
1,051,921
 
2016
 
 
1,005,558
 
2017
 
 
841,173
 
2018
 
 
515,631
 
2019
 
 
515,631
 
Thereafter
 
 
2,063,078
 
 
 
 
 
 
Total
 
$
5,992,992