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Intangible Assets, net
6 Months Ended
Jun. 30, 2017
Intangible Assets, net [Abstract]  
Intangibles Assets, net

5.  Intangible Assets, net



The Company assesses the impairment of long-lived assets and intangible assets with finite lives annually or whenever events or changes in circumstances indicate that the carrying value may not be fully recoverable. For the three and six months ended June 30, 2017 and 2016, the Company did not impair any intangible assets.    



Intangible assets consist of the following:







 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

Estimated

 

June 30, 2017

 

December 31, 2016



 

Useful Life

 

 

 

 

Accumulated

 

 

 

 

 

 

 

Accumulated

 

 

 



 

(in years)

 

Gross

 

Amortization

 

Net

 

Gross

 

Amortization

 

Net

Patents and trademarks

 

10 

 

$

26,290 

 

$

10,617 

 

$

15,673 

 

$

26,290 

 

$

9,738 

 

$

16,552 

Patents and trademarks pending

 

 —

 

 

25,568 

 

 

 —

 

 

25,568 

 

 

13,541 

 

 

 —

 

 

13,541 

Trade Names

 

 —

 

 

3,268 

 

 

108 

 

 

3,160 

 

 

 —

 

 

 —

 

 

 —

Total intangible assets

 

 

 

$

55,126 

 

$

10,725 

 

$

44,401 

 

$

39,831 

 

$

9,738 

 

$

30,093 



For the three months ended June 30, 2017 and 2016, the Company recorded amortization expense of $547 and $1,006, respectively.  For the six months ended June 30, 2017 and 2016, the Company recorded amortization expense of $987 and $2,013, respectively.