Quarterly report pursuant to sections 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
   

March 31,

2014

   

December 31,

2013

 
                 
Patent rights   $ 7,204,937     $ 7,204,937  
Accumulated amortization     (1,500,925)       (1,047,278)  
Intangible assets, net   $ 5,704,012     $ 6,157,659  
Schedule of Amortization Expense
2014   1,265,458  
2015     1,484,209  
2016     944,035  
2017     639,626  
2018     379,691  
2019 and thereafter     990,993  
Total   $ 5,704,012