Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
   

June 30,

2014

   

December 31,

2013

 
      (unaudited)        (audited)  
Patent Rights   $ 21,973,127     $ 7,204,937  
Accumulated Amortization     (2,439,610 )     (1,047,278 )
Intangible assets, net   $ 19,533,517     $ 6,157,659  
Schedule of Amortization Expense
2014   $ 2,419,478  
2015     4,640,599  
2016     3,899,823  
2017     2,373,742  
2018     1,870,125  
2019 and thereafter     4,328,790  
Total   $ 19,533,517  
Summary of the Company's patent portfolios
Subsidiary     Number of Patents   Earliest Expiration Date Median Expiration Date Latest Expiration Date Subject Matter
Bismarck       14   09/15/15 09/15/15 01/22/18 Communication and PBX equipment
CRFD Research       4   09/17/21 08/11/22 08/19/23 Web page content translator and device-to-device transfer system
CyberFone       38   Expired 09/15/15 06/07/20 Telephony and data transactions
Dynamic Advances       4   Expired 10/02/17 03/06/23 Natural language interface
E2E       4   04/27/20 11/17/23 07/18/24 Manufacturing schedules using adaptive learning
Loopback       10   Expired 09/25/17 08/27/22 Automotive
Hybrid       2   11/14/15 09/09/16 07/17/17 Asynchronous communications
IP Liquidity       6   Expired 06/06/15 07/26/20 Pharmaceuticals / tire pressure systems
Relay       1   Expired Expired Expired Multicasting
Sampo       3   03/13/18 03/13/18 11/13/20 Centrifugal communications
Sarif Biomedical       5   09/07/13 09/07/13 09/07/13 Microsurgery equipment
Selene       3   05/05/18 11/23/20 11/28/21 Communications
Signal       7   03/10/14 12/01/15 08/06/22 Automotive
Vantage Point       37   Expired 12/21/16 03/09/18 Computer networking and operations