Intangible Assets

3 Months Ended

Mar. 31, 2015

Intangible Assets.

Intangible Assets

7. Intangible Assets

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of March 31, 2015 and December 31, 2014 are as follows:

	Weighted Average	Gross Carrying		Accumulated
March 31, 2015	Amortization Period	Amount		Amortization			Total
Acquired technology	8 years	$	17,696,835	$	(17,107,377	)	$	589,458
Customer relationships	8 years	1,260,000		(1,015,583		)	244,417
Trademark	5 years	60,000		(12,000		)	48,000
		$	19,016,835	$	(18,134,960	)	$	881,875

	Weighted Average	Gross Carrying		Accumulated
December 31, 2014	Amortization Period	Amount		Amortization			Total
Acquired technology	8 years	$	17,696,835	$	(16,539,683	)	$	1,157,152
Customer relationships	8 years	1,260,000		(977,833		)	282,167
Trademark	5 years	60,000		(9,000		)	51,000
		$	19,016,835	$	(17,526,516	)	$	1,490,319