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Intangible Assets (Details Textual) (USD $)
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3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2014
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Jun. 30, 2013
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Jun. 30, 2014
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Jun. 30, 2013
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| Indefinite-lived Intangible Assets [Line Items] | ||||
| Impaired Intangible Asset, Description | Trademarks are amortized on a straight-line basis over their useful life of ten years. Patents are amortized on a straight-line basis over the life of the patent (twenty years or less), commencing when the patent is approved and placed in service on a straight line basis. Awarded government contracts are amortized over and in proportion to the collection period (18 months or less) of the grant. | |||
| Amortization of Intangible Assets | $ 11,849 | $ 120,908 | $ 263,656 | $ 127,814 |
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
A description of the finite or indefinite-lived intangible asset (excluding goodwill) that is impaired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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