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INTANGIBLE ASSETS - Schedule of Intellectual Property and Intangible Assets (Details) (USD $)
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Dec. 31, 2013
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Dec. 31, 2012
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| Notes to Financial Statements | ||
| Patents | $ 13,615,967 | $ 13,615,967 |
| Customer relationships | 3,400,000 | 3,400,000 |
| Trademarks | 2,740,000 | 2,740,000 |
| Non-compete | 660,000 | 660,000 |
| Territory rights | 150,000 | |
| Other intangible assets | 20,415,967 | 20,565,967 |
| Less: Accumulated amortization | (3,604,456) | (2,015,551) |
| Total Intangible Assets (Net) | $ 16,811,511 | $ 18,550,416 |
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No authoritative reference available. No definition available.
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No authoritative reference available. No definition available.
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No authoritative reference available. No definition available.
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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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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 (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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