PATENT RIGHTS

3 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

PATENT RIGHTS

Note 3 — Patent Rights

	As to March 31,			As of December 31,
	2017			2016
	(unaudited)
Gross carrying amount	$	1,253,018		$	1,253,018
Less accumulated amortization		(650,606	)		(626,509	)
Patent Rights, Net		602,412			626,509

Amortization expense was approximately $24,000 for the three months ended March 31, 2017 and 2016. As of March 31, 2017, future remaining amortization expense is as follows:

For the Year Ending December 31,	As of March 31, 2017
2017 (April 1 — December 31, 2017)		72,290
2018		96,386
2019		96,386
2020		96,386
2021		96,386
Thereafter		144,578
Total	$	602,412