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Intangible Assets
3 Months Ended
Mar. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Disclosure [Text Block]

(6)           Intangible Assets

 

Bacterin has applied for various patents with regards to processes for its products.

 

The following table sets forth information regarding intangible assets:

 

  March 31,
2013
  December 31,
2012
 
Intellectual Property        
Gross carrying value $825,134  $820,778 
Accumulated amortization $(247,317) $(228,400)
Net carrying value $577,817  $592,378 
         
Aggregate amortization expense: $18,917  $74,918 
         
Estimated amortization expense:        
         
Remainder of 2013     $56,189 
2014     $74,918 
2015     $74,918 
2016     $74,918 
2017     $74,918 
Thereafter     $221,956 
Total     $577,817