Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS, NET (Tables)

v3.7.0.1
INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2016
INTANGIBLE ASSETS, NET  
Schedule of intangible assets, net

 

 

December 31, 2016

 

December 31, 2015

 

Intangible Assets

 

$

30,214,116

 

$

41,014,992

 

Accumulated Amortization & Impairment

 

(17,899,488

)

(15,557,353

)

 

 

 

 

 

 

Intangible assets, net

 

$

12,314,628

 

$

25,457,639

 

 

 

 

 

 

 

 

 

 

Schedule of future amortization of current intangible assets, net

2017

 

$

2,317,258 

 

2018

 

1,885,345 

 

2019

 

1,801,910 

 

2020

 

1,492,503 

 

2021

 

1,324,119 

 

2022 and thereafter

 

3,493,493 

 

 

 

 

 

Total

 

$

12,314,628