Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.6.0.2
Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets are as follows:

 

    June 30, 2016     December 31, 2015  
             
Cost   $ 2,774,135     $ 2,774,135  
Accumulated amortization     (970,133 )     (507,777 )
Balance   $ 1,804,002     $ 2,266,358  
                 
Amortization expense for the six months ended June 30, 2016 and 2015   $ 462,356     $ 190,526  
                 
Amortization expense for the three months ended June 30, 2016 and 2015   $ 231,178     $ 95,263