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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2013
Intangible Assets [Abstract]  
Schedule Of Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

Gross Carrying Amount

 

Accumulated Amortization

 

Net Value

Patents and copyrights

$

18,943,020 

 

$

10,397,136 

 

$

8,545,884 

Prepaid licensing fees

 

574,000 

 

 

567,452 

 

 

6,548 

 

$

19,517,020 

 

$

10,964,588 

 

$

8,552,432 

 

 

 

 

 

 

 

 

 

 

2012

 

Gross Carrying Amount    

 

Accumulated Amortization

 

Net Value

Patents and copyrights

$

18,290,991 

 

$

9,329,438 

 

$

8,961,553 

Prepaid licensing fees

 

574,000 

 

 

557,452 

 

 

16,548 

 

$

18,864,991 

 

$

9,886,890 

 

$

8,978,101 

 

 

 

 

 

 

 

 

 

 

Schedule of Amortization Expense

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization Expense

 

Weighted average estimated life (in years)

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

2012

 

2011

 

 

 

 

 

 

 

 

 

 

 

Patents and copyrights

17

 

$

1,067,698 

 

$

1,049,446 

 

$

1,013,681 

Prepaid licensing fees

2

 

 

10,000 

 

 

3,452 

 

 

 Total amortization

 

 

$

1,077,698 

 

$

1,052,898 

 

$

1,013,681 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Expected Amortization Expense

 

 

 

 

 

 

2014

$

1,054,955 

2015

 

953,970 

2016

 

917,996 

2017

 

915,396 

2018

 

859,572 

2019 and thereafter

 

3,850,543 

Total

$

8,552,432