License |
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Sep. 30, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Note 6.License |
License costs capitalized as of September 30, 2011 and December 31, 2010 are as follows:
The Company is currently amortizing its patents over their estimated useful life of 15 years when acquired. During the period ended September 30, 2011 and 2010, amortization expense charged to operations was $4,413, respectively. |
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