PATENT RIGHTS

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

PATENT RIGHTS

Note 3 — Patent Rights

	As of June 30,			As of December 31,
	2017			2016
		(unaudited)
Gross carrying amount	$	1,253,018		$	1,253,018
Less accumulated amortization		(674,702	)		(626,509	)
Patent Rights, Net	$	578,316		$	626,509

Amortization expense was approximately $24,000 for the three months ended June 30, 2017 and 2016, and approximately $48,000 for the six months ended June 30, 2017 and 2016. As of June 30, 2017, future remaining amortization expense is as follows:  

For the Year Ending December 31,
2017 (July 1 — December 31, 2017)	$	48,192
2018		96,386
2019		96,386
2020		96,386
2021		96,386
Thereafter		144,580
Total	$	578,316