| Schedule of Finite-Lived Intangible Assets |
Intangible assets as of September
30, 2015 and December 31, 2014 and the movements for the three months then ended are as follows:
| |
|
|
|
|
Distributor & |
|
|
|
|
| |
|
Patents & |
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|
Customer |
|
|
|
|
| |
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Trademarks |
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|
Relationships |
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Totals |
|
| Cost or Deemed Cost |
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2014 |
|
$ |
3,851,495 |
|
|
$ |
1,270,639 |
|
|
$ |
5,122,134 |
|
| Additions |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Disposals |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| Impairments |
|
|
(466,476 |
) |
|
|
- |
|
|
|
(466,476 |
) |
| At September 30, 2015 |
|
$ |
3,385,019 |
|
|
$ |
1,270,639 |
|
|
$ |
4,655,658 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Accumulated Amortization |
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2014 |
|
$ |
1,675,430 |
|
|
$ |
1,270,639 |
|
|
$ |
2,946,069 |
|
| Amortization Charge |
|
|
193,929 |
|
|
|
- |
|
|
|
193,929 |
|
| Disposals |
|
|
- |
|
|
|
- |
|
|
|
- |
|
| At September 30, 2015 |
|
$ |
1,869,359 |
|
|
$ |
1,270,639 |
|
|
$ |
3,139,998 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Net Book Value |
|
|
|
|
|
|
|
|
|
|
|
|
| At December 31, 2014 |
|
$ |
2,176,065 |
|
|
$ |
- |
|
|
$ |
2,176,065 |
|
| At September 30, 2015 |
|
$ |
1,515,660 |
|
|
$ |
- |
|
|
$ |
1,515,660 |
|
|