RIGHTSCORP, INC. | 2013 | FY | 3


Note 5 – Fixed Assets and Intangible Assets

 

As of December 31, 2013 and December 31, 2012, fixed assets and intangible assets consisted of the following:

 

    December 31, 2013     December 31, 2012  
Furniture and equipment   $ 82,349     $ 38,209  
Less accumulated depreciation     (25,896 )     (9,358 )
Fixed assets, net   $ 56,453     $ 28,851  

 

    December 31, 2013     December 31, 2012  
Intangible assets   $ 84,500     $ 84,500  
Less accumulated depreciation     (50,700 )     (33,800 )
Intangible assets, net   $ 33,800     $ 50,700  

 

Depreciation and amortization expense for the periods ended December 31, 2013 and December 31, 2012 was $33,438 and $24,648, respectively. Annual amortization expense will be $16,900 per year through 2015.


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