Capitalized Technology (Details) (USD $)
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3 Months Ended | 9 Months Ended | 12 Months Ended | ||
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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Dec. 31, 2013
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Capitalized cost: | |||||
Balance, beginning of period | $ 1,289,099 | $ 734,291 | $ 734,291 | ||
Additional capitalized cost | 125,291 | 354,808 | |||
Purchased technology | 200,000 | 200,000 | |||
Balance, end of period | 1,414,390 | 1,414,390 | 1,289,099 | ||
Accumulated amortization: | |||||
Balance, beginning of period | 596,588 | 331,401 | 331,401 | ||
Provision for amortization | 84,614 | 61,855 | 258,747 | 169,475 | 265,187 |
Balance, end of period | 855,335 | 855,335 | 596,588 | ||
Capitalized Technology, net | $ 559,055 | $ 559,055 | $ 692,511 |
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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
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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- Details
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- Definition
Amount before 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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- Details
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- Definition
Amount after 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
Amount of increase (decrease) in carrying value of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. No definition available.
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- Definition
The cash outflow associated with the acquisition from vendors of software programs or applications for internal use (that is, not to be sold, leased or otherwise marketed to others) that qualify for capitalization. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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