| Carrying value of intangible assets |
Total identifiable
intangible assets acquired and their carrying values at June 30, 2016 are:
| |
|
|
Cost |
|
|
|
Accumulated
Amortization |
|
|
|
Accumulated
Impairment |
|
|
|
Carrying
Value |
|
|
|
Weighted Average Amortization
Period (Years) |
| Amortized Identifiable Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subscriber lists – EthoStream |
|
$ |
2,900,000 |
|
|
$ |
(2,245,583 |
) |
|
$ |
– |
|
|
$ |
654,417 |
|
|
|
12.0 |
| Total Amortized Identifiable Intangible Assets |
|
|
2,900,000 |
|
|
|
(2,245,583 |
) |
|
|
– |
|
|
|
654,417 |
|
|
|
|
| Goodwill – EthoStream |
|
|
8,796,430 |
|
|
|
– |
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
|
| Total Goodwill |
|
|
8,796,430 |
|
|
|
– |
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
|
| Total |
|
$ |
11,696,430 |
|
|
$ |
(2,245,583 |
) |
|
$ |
(3,000,000 |
) |
|
$ |
6,450,847 |
|
|
|
|
Total identifiable
intangible assets acquired and their carrying values at December 31, 2015 are:
| |
|
|
Cost |
|
|
|
Accumulated
Amortization |
|
|
|
Accumulated
Impairment |
|
|
|
Carrying
Value |
|
|
Weighted Average Amortization
Period (Years) |
| Amortized Identifiable Intangible Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Subscriber lists – EthoStream |
|
$ |
2,900,000 |
|
|
$ |
(2,124,743 |
) |
|
$ |
– |
|
|
$ |
775,257 |
|
|
12.0 |
| Total Amortized Identifiable Intangible Assets |
|
|
2,900,000 |
|
|
|
(2,124,743 |
) |
|
|
– |
|
|
|
775,257 |
|
|
|
| Goodwill – EthoStream |
|
|
8,796,430 |
|
|
|
– |
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
| Total Goodwill |
|
|
8,796,430 |
|
|
|
|
|
|
|
(3,000,000 |
) |
|
|
5,796,430 |
|
|
|
| Total |
|
$ |
11,696,430 |
|
|
$ |
(2,124,743 |
) |
|
$ |
(3,000,000 |
) |
|
$ |
6,571,687 |
|
|
|
|