Annual report pursuant to Section 13 and 15(d)

Other assets

v3.7.0.1
Other assets
12 Months Ended
Dec. 31, 2016
Intangible asset [Abstract]  
Intangible Assets Disclosure [Text Block]
9.
Other assets
 
The Company is amortizing the $1,000,000 cost of the Consumer Battery License Agreement with a License Provider over a period of 20 years on the straight line basis in accordance with the terms of license.
 
Amortization expenses included in research and development expenses were $50,000 for both years ended December 31, 2016 and 2015.