| Carrying value of intangible assets |
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Accumulated Impairment |
|
|
Carrying Value |
|
|
Weighted Average
Amortization Period
(Years) |
|
| Amortized Identifiable Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subscriber lists – EthoStream |
|
$ |
2,900,000 |
|
|
$ |
(1,399,703 |
) |
|
$ |
– |
|
|
$ |
1,500,297 |
|
|
|
12.0 |
|
| Total Amortized Identifiable Intangible Assets |
|
|
2,900,000 |
|
|
|
(1,399,703 |
) |
|
|
– |
|
|
|
1,500,297 |
|
|
|
|
|
| Goodwill – EthoStream |
|
|
8,796,430 |
|
|
|
– |
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
|
|
| Goodwill – SSI |
|
|
5,874,016 |
|
|
|
– |
|
|
|
(3,100,000 |
) |
|
|
2,774,016 |
|
|
|
|
|
| Total Goodwill |
|
|
14,670,446 |
|
|
|
|
|
|
|
(6,100,000 |
) |
|
|
8,570,446 |
|
|
|
|
|
| Total |
|
$ |
17,570,446 |
|
|
$ |
(1,399,703 |
) |
|
$ |
(6,100,000 |
) |
|
$ |
10,070,743 |
|
|
|
|
|
Total identifiable intangible assets acquired and their carrying
values at December 31, 2011 are:
| |
|
Cost |
|
|
Accumulated
Amortization |
|
|
Accumulated Impairment |
|
|
Carrying Value |
|
|
Weighted Average
Amortization Period
(Years) |
|
| Amortized Identifiable Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subscriber lists – EthoStream |
|
$ |
2,900,000 |
|
|
$ |
(1,158,023 |
) |
|
$ |
– |
|
|
$ |
1,741,977 |
|
|
|
12.0 |
|
| Total Amortized Identifiable Intangible Assets |
|
|
2,900,000 |
|
|
|
(1,158,023 |
) |
|
|
– |
|
|
|
1,741,977 |
|
|
|
|
|
| Goodwill – EthoStream |
|
|
8,796,430 |
|
|
|
– |
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
|
|
| Goodwill – SSI |
|
|
5,874,016 |
|
|
|
– |
|
|
|
(3,100,000 |
) |
|
|
2,774,016 |
|
|
|
|
|
| Total Goodwill |
|
|
14,670,446 |
|
|
|
|
|
|
|
(6,100,000 |
) |
|
|
8,570,446 |
|
|
|
|
|
| Total |
|
$ |
17,570,446 |
|
|
$ |
(1,158,023 |
) |
|
$ |
(6,100,000 |
) |
|
$ |
10,312,423 |
|
|
|
|
|
|