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Note 6 - Intangible Assets
12 Months Ended
Dec. 31, 2014
Disclosure Text Block [Abstract]  
Intangible Assets Disclosure [Text Block]

Note 6 – Intangible Assets


2014


Intangible Assets

 

Weighted Average Amortization Period

   

Cost

   

Accumulated Amortization

   

Carrying Amount

 
                                 

Patents & Copyrights

    17     $ 77,357     $ 33,153     $ 44,204  

Intellectual Property

    15       100,000       88,333       11,667  

Licensing Agreement

    5       10,000       10,000       0  

Certifications

    3       58,722       58,722       0  

Other

    5       21,492       21,492       0  
                                 

Totals

          $ 267,571     $ 211,700     $ 55,871  

2013


Intangible Assets

 

Weighted Average Amortization Period

   

Cost

   

Accumulated Amortization

   

Carrying Amount

 
                                 

Patents & Copyrights

    17     $ 57,818     $ 30,369     $ 27,449  

Intellectual Property

    15       100,000       83,333       16,667  

Licensing Agreement

    5       10,000       10,000       0  

Certifications

    3       58,722       58,722       0  

Other

    5       21,492       21,492       0  
                                 

Totals

          $ 248,032     $ 203,916     $ 44,116  

The estimated amortization expense related to intangible assets for each of the five succeeding fiscal years and thereafter as of December 31, 2014 is as follows:


Year Ended

       

2015

  $ 8,084  

2016

    8,018  

2017

    4,580  

2018

    2,915  

2019

    2,869  

Thereafter

    29,405  

Total

  $ 55,871