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Intangible Assets
9 Months Ended
Sep. 30, 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:
 
 
 
September 30,
 
December 31,
 
 
 
2013
 
2012
 
Intellectual Property
 
 
 
 
 
 
 
Gross carrying value
 
$
848,675
 
$
820,778
 
Accumulated amortization
 
$
(285,151)
 
$
(228,400)
 
Net carrying value
 
$
563,524
 
$
592,378
 
 
 
 
 
 
 
 
 
Aggregate amortization expense:
 
$
56,750
 
$
74,918
 
 
 
 
 
 
 
 
 
Estimated amortization expense:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Remainder of 2013
 
 
 
 
$
18,729
 
2014
 
 
 
 
$
74,918
 
2015
 
 
 
 
$
74,918
 
2016
 
 
 
 
$
74,918
 
2017
 
 
 
 
$
74,918
 
Thereafter
 
 
 
 
$
245,123
 
Total
 
 
 
 
$
563,524