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Summary of Significant Accounting Policies: Intangible Assets, Policy (Policies)
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12 Months Ended |
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Dec. 31, 2014
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| Policies | |
| Intangible Assets, Policy |
Intangible Assets - Intangible assets consist of developed technology acquired as part of an acquisition, which was deemed in-process research and development upon acquisition. During development, in-process research and development is not subject to amortization and is tested for impairment. In October 2012, the in-process research and development was reclassified as developed technology. The Companys developed technology is amortized over its estimated useful life of seven years. |
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- Definition
Disclosure of accounting policy for finite-lived intangible assets. This accounting policy also might address: (1) the amortization method used; (2) the useful lives of such assets; and (3) how the entity assesses and measures impairment of such assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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