PATENT RIGHTS
 12 Months Ended
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
PATENT RIGHTS

Note 3 — Patent Rights

 

    As to December 31,  
    2016     2015  
Gross carrying amount   $ 1,253,018     $ 1,253,018  
Less accumulated amortization     (626,509 )     (530,123 )
Patent Rights, Net   $ 626,509     $ 722,895  

 

Amortization expense was approximately $96,000 for both years ended December 31, 2016 and 2015. As of December 31, 2016, future remaining amortization expense is as follows:

 

For the Year Ending December 31,   2016  
2017   $ 96,386  
2018     96,386  
2019     96,386  
2020     96,386  
2021     96,386  
Thereafter     144,579  
Total   $ 626,509