Quarterly report pursuant to Section 13 or 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v2.4.1.9
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
3 Months Ended
Mar. 31, 2015
Summary Of Significant Accounting Policies Tables  
Schedule of Concentration of Revenue and Geographic Area
For the Three Months Ended March 31, 2015   For the Three Months Ended March 31, 2014  
Licensor   License Amount     % of Revenue   Licensor   License Amount     % of Revenue  
Vantage Point Technology, Inc.   $ 2,750,000       67 %  Relay IP, Inc.   $ 1,750,000       63 %
Signal IP, Inc.   $ 275,000       7 %  Sampo IP, LLC   $ 750,000       27 %
Sarif Biomedical LLC   $ 225,000       6 %  Cyberfone Systems, LLC   $ 280,000       10 %
TLIF GmbH   $ 220,000       5 %                  
Vantage Point Technology, Inc.   $ 80,000       2 %                  
                                   
    Total       87 %     Total       100 %
Schedule of Basic and Diluted Loss Per Share
    For the Three Months Ended March 31, 2015     For the Three Months Ended March 31, 2014  
Net loss     (4,781,571 )   $ (281,606 )
                 
Denominator                
Denomintor for basic and diluted loss per share          
(weighted-average shares)     13,868,811       10,979,186  
                 
Earnings (Loss) per common share, basic and diluted:          
Income (Loss)   $ (0.34 )   $ (0.03 )