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INTANGIBLE ASSETS - SCHEDULE OF ASSET PURCHASE AGREEMENT ASSETS (Details) (USD $)
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Dec. 31, 2012
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Dec. 31, 2011
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Oct. 01, 2011
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| Asset | |||
| Patents | $ 13,615,967 | $ 13,615,967 | $ 13,259,000 |
| Customer relationships | 3,400,000 | 3,400,000 | 3,400,000 |
| Trademarks | 2,740,000 | ||
| Goodwill | 1,091,000 | 1,091,000 | 1,091,000 |
| Non-compete agreement | 660,000 | ||
| Total | $ 21,150,000 |
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- Definition
No authoritative reference available. No definition available.
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- Details
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- Definition
Gross carrying amount before accumulated amortization as of the balance sheet date to an asset acquired in a business combination representing a favorable existing relationship with customers having a finite beneficial life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross carrying amount before accumulated amortization as of the balance sheet date of payments made to third parties in exchange for their agreement not to engage in specified competitive practices in specified geographic territories for a specified period of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Gross carrying amount before accumulated amortization as of the balance sheet date of the costs pertaining to the exclusive legal rights granted to the owner of the patent to exploit an invention or a process for a period of time specified by law. Such costs may have been expended to directly apply and receive patent rights, or to acquire such rights. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying amount (original costs adjusted for previously recognized amortization and impairment) as of the balance sheet date for the rights acquired through registration of a trademark to gain or protect exclusive use of a business name, symbol or other device or style for a projected indefinite period of benefit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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