Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets (Tables)

v3.3.0.814
Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2015
Goodwill and Purchased Intangibles [Abstract]  
Intangible Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at
December 31,
2014

 

Additions

 

Impairments

 

Amortization

 

Balance at
September 30,
2015

Patents and trademarks

 

$

108,952 

 

$

 -

 

$

(21,188)

 

$

(6,860)

 

$

80,904 

Customer and merchant relationships

 

 

1,540,000 

 

 

 -

 

 

 -

 

 

(124,865)

 

$

1,415,135 

Trade name

 

 

152,000 

 

 

 -

 

 

 -

 

 

(12,324)

 

$

139,676 

Acquired technology

 

 

210,000 

 

 

 -

 

 

 -

 

 

(17,027)

 

$

192,973 

 

 

$

2,010,952 

 

$

 -

 

$

(21,188)

 

$

(161,076)

 

$

1,828,688 

 

Future Amortization Intangible Assets

 

 

 

 

 

 

 

 

Year ending December 31,

 

Amount

2015

 

$

53,380 

2016

 

 

213,519 

2017

 

 

213,519 

2018

 

 

213,520 

2019

 

 

213,520 

Thereafter

 

 

921,230 

Total

 

$

1,828,688