Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Intangible Assets  
Summary of the components of intangible asset balances

 

 

As of December 31,

 

 

 

2015

 

2014

 

Patents — in use

 

$

168,383

 

$

238,548

 

Patents — in process

 

47,474

 

31,358

 

Internally developed software

 

148,967

 

148,967

 

 

 

 

 

 

 

 

 

364,824

 

418,873

 

Accumulated amortization

 

(189,311

)

(168,037

)

 

 

 

 

 

 

Total

 

$

175,513

 

$

250,836

 

 

 

 

 

 

 

 

 

 

Schedule of expected annual amortization expense related to intangible assets

2016

 

$

18,016 

 

2017

 

$

10,538 

 

2018

 

$

10,538 

 

2019

 

$

10,538 

 

2020

 

$

10,538