Annual report pursuant to Section 13 and 15(d)

Other long-term assets (Tables)

v3.7.0.1
Other long-term assets (Tables)
12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Other Long-Term Assets
Other long-term assets consisted of the following as of December 31, 2016 and 2015:
 
   
Beginning Balance
   
Additions
   
Impairments
   
Ending Balance
 
Year ended December 31, 2016:
                       
Cost:
                       
  Patents
 
$
1,684,737
   
$
26,067
   
$
(677,822
)
 
$
1,032,982
 
  Goodwill
   
447,951
     
429,418
     
     
877,369
 
  Deposits
   
     
37,000
     
     
37,000
 
Total
   
2,132,688
     
492,485
      (677,822    
1,947,351
 
                                 
Accumulated Amortization:
                               
  Patents
   
(548,327
)
   
(76,422
)
   
142,566
     
(482,183
)
  Goodwill
   
(60,712
)
   
     
     
(60,712
)
Total
   
(609,039
)
   
(76,422
)
   
142,566
     
(542,895
)
                                 
Net Other Long Term Assets
 
$
1,523,649
   
$
416,063
   
$
(535,256
)
 
$
1,404,456
 
                                 
Year ended December 31, 2015:
                               
Cost:
                               
  Patents
 
$
1,844,595
   
$
92,033
   
$
(251,891
)
 
$
1,684,737
 
  Goodwill
   
447,951
     
     
     
447,951
 
  Deposits
   
     
     
     
 
Total
   
2,292,546
      92,033       (251,891 )     2,132,688  
                                 
Accumulated Amortization:
                               
  Patents
   
(507,644
)
   
(104,433
)
   
63,750
     
(548,327
)
  Goodwill
   
(60,712
     
     
     
(60,712
)
Total
   
(568,356
)
   
(104,433
)
   
63,750
     
(609,039
)
                                 
Net Other Long Term Assets
 
$
1,724,190
   
$
(12,400
)
 
$
(188,141
)
 
$
1,523,649