Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2016
Intangible Assets  
Summary of the components of intangible asset balances

 

 

 

As of December 31,

 

 

 

2016

 

2015

 

Patents — in use

 

$
168,383

 

$
168,383

 

Patents — in process

 
67,071

 
47,474

 

Internally developed software — in use

 
148,967

 
148,967

 

Internally developed software — in process

 
718,602

 

—

 

Trademarks

 
23,017

 
17,730

 

 

 

 

 

 

 

 

 
1,126,040

 
382,554

 

Accumulated amortization

 
(207,328

)
(189,311

)

 

 

 

 

 

 

Total

 

$
918,712

 

$
193,243

 

 

 

 

 

 

 

 

 

 

Schedule of expected annual amortization expense related to intangible assets

 

2017

 

$
10,538 

 

2018

 

$
10,538 

 

2019

 

$
10,538 

 

2020

 

$
10,538 

 

2021

 

$
10,538