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INTELLECTUAL PROPERTY AND INTANGIBLE ASSETS (Details Narrative) (USD $)
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3 Months Ended | 9 Months Ended | |||
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Sep. 30, 2013
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Sep. 30, 2012
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Sep. 30, 2013
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Sep. 30, 2012
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Dec. 31, 2012
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| Notes to Financial Statements | |||||
| Amortization Of Intangible Assets | $ 1,191,678 | $ 1,179,521 | |||
| Territory rights | 150,000 | ||||
| Impairment of intangible assets | $ 150,000 | $ 150,000 | |||
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- Details
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- Definition
No authoritative reference available. No definition available.
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- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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