NOTE 3 - INTANGIBLE ASSETS (Tables)

3 Months Ended

Mar. 31, 2015

Note 3 - Intangible Assets Tables

Intangible assets

Intangible assets were comprised of the following at March 31, 2015:

Trunity eLearning Platform Software Development Cost	Estimated Life	Gross Cost		Accumulated Amortization			Net Book Value
Internal costs capitalized for the twelve months ended December 31, 2012	3 years		548,031		(518,525	)	$	29,506
Internal costs capitalized for the twelve months ended December 31, 2013	3 years		519,733		(322,307	)	$	197,426
Internal costs capitalized for the twelve months ended December 31, 2014	3 years		598,285		(179,460	)	$	418,825
Internal costs capitalized for the three months ended March 31, 2015	3 years		46,281		(3,857	)	$	42,424
Carrying value as of March 31, 2015							$	688,181
Carrying value as of December 31, 2014							$	774,407

Estimated future amortization expense

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

Remainder of 2015	$	320,580
2016		282,349
2017		85,252
Total future amortization expense	$	688,181