Acquistion (Details) (Asset Purchase Agreement, USD $)
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12 Months Ended | ||
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Dec. 31, 2013
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Dec. 31, 2012
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Apr. 15, 2011
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Asset Purchase Agreement
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Total purchase price | $ 2,500,000 | ||
Cash payment | 1,500,000 | ||
Issuance of senior subordinated note (value) | 1,000,000 | ||
Developed technology intangible asset (value) | 2,053,572 | ||
Developed technology intangible asset (accumulated amortizaton) | 446,428 | ||
Developed technology intangible asset (amortization expense) | $ 357,143 | $ 89,285 | |
Performance stock options granted | 1,400,000 | ||
Performance stock options, exercise price | $ 0.057 |
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- Definition
No authoritative reference available. No definition available.
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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 acquired intangible assets. As a noncash expense, this element is added back to net income when calculating cash provided by (used in) operations using the indirect method. No definition available.
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- Definition
Amount of cash paid to acquire the entity. No definition available.
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- Definition
The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. No definition available.
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- Definition
Amount of acquisition cost of a business combination allocated to other liabilities not separately disclosed in the balance sheet. No definition available.
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- Definition
Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net carrying amount as of the balance sheet date of other indefinite-lived and finite-lived intangible assets that are not separately presented on the statement of financial position. No definition available.
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