Intangible Assets

12 Months Ended

Dec. 31, 2011

Intangible Assets [Abstract]

Intangible Assets

5. Intangible Assets

Intangible assets consisted of the following at December 31:

		XXXX		XXXX		XXXX			XXXX		XXXX		XXXX			XXXX
			2011							2010
	Useful Life		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Amortized:
Domain names		5 years	$	139,431	$	(91,943	)	$	47,488	$	237,911	$	(66,006	)	$	171,905
Issued patents		4-15 years		1,500,192		(342,940	)		1,157,252		1,040,148		(264,716	)		775,432
Issued trademarks		9-11 years		293,183		(65,028	)		228,155		207,721		(37,659	)		170,062
Non-compete agreement		5-7 years		150,000		(150,000	)				150,000		(130,000	)		20,000
Total amortized				2,082,806		(649,911	)		1,432,895		1,635,780		(498,381	)		1,137,399
Not amortized:
TASER trademark				900,000					900,000		900,000					900,000
Patents and trademarks pending				891,111					891,111		1,053,477					1,053,477
Total not amortized				1,791,111					1,791,111		1,953,477					1,953,477
Total intangible assets			$	3,873,917	$	(649,911	)	$	3,224,006	$	3,589,257	$	(498,381	)	$	3,090,876

Amortization expense relative to intangible assets was $0.2 million, $0.1 million and $0.1 million for the years ended December 31, 2011, 2010 and 2009, respectively. Estimated amortization for intangible assets with definitive lives for the next five years is as follows (year ended December 31):

		September 30,
2012	$	137,495
2013		136,840
2014		135,924
2015		127,173
2016		120,101
Thereafter		775,363
Total	$	1,432,895