Note 3 - Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Note 3 - Intangible Assets Tables

Intangible assets

Intangible assets were comprised of the following at September 30, 2014:

Trunity eLearning Platform	Estimated Life	Gross Cost		Accumulated Amortization			Net Book Value
Assets acquired from Trunity, LLC	3 years	$	1,775,000	$	(1,775,000	)	$	—
Internal costs capitalized for period from July 28, 2009 (inception) to December 31, 2009	3 years		121,820		(121,820	)		—
Internal costs capitalized for the twelve months ended December 31, 2010	3 years		342,345		(342,345	)		—
Internal costs capitalized for the twelve months ended December 31, 2011	3 years		327,100		(327,100	)		—
Internal costs capitalized for the twelve months ended December 31, 2012	3 years		548,031		(437,375	)		110,656
Internal costs capitalized for the twelve months ended December 31, 2013	3 years		519,733		(235,684	)		284,049
Internal costs capitalized for the nine months ended September 30, 2014	3 years		491,772		(79,745	)	$	412,027
Carrying value as of September 30, 2014							$	806,732

Estimated future amortization expense

Estimated future amortization expense is as follows for the following periods:

Remainder of 2014	$	129,961
2015		402,155
2016		231,418
2017		43,198
Total future amortization expense	$	806,732