Annual report pursuant to section 13 and 15(d)

INTANGIBLE ASSETS (Tables)

v2.4.0.8
INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2013
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
    December 31, 2013     December 31, 2012  

Weighted average

amortization period

(years)

Patents   $ 7,204,937     $ 500,925   3.78
Less: accumulated amortization     (1,047,278)       (8,773)    
    $ 6,157,659     $ 492,152    
Schedule of Amortization Expense
2014   1,719,105  
2015     1,484,209  
2016     944,035  
2017     639,626  
2018     379,691  
2019 and thereafter     990,993  
Total   $ 6,157,659