NOTE 3 - INTANGIBLE ASSETS (Tables)

6 Months Ended

Jun. 30, 2015

Note 3 - Intangible Assets Tables

Intangible assets

Intangible assets were comprised of the following at June 30, 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		(539,225	)	$	8,806
Internal costs capitalized for the twelve months ended December 31, 2013	3 years		519,733		(365,617	)	$	154,116
Internal costs capitalized for the twelve months ended December 31, 2014	3 years		598,285		(229,318	)	$	368,967
Internal costs capitalized for the six months ended June 30, 2015	3 years		71,583		(9,822	)	$	61,761
Carrying value as of June 30, 2015							$	593,650
Carrying value as of December 31, 2014							$	774,406

Estimated future amortization expense

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

Remainder of 2015	$	207,072
2016		290,783
2017		93,686
2018		2,109
Total future amortization expense	$	593,650