BASIS OF PRESENTATION AND NATURE OF BUSINESS (Details Narrative) |
3 Months Ended |
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Mar. 31, 2016
USD ($)
Agreement
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| Notes to Financial Statements | |
| Remote power patent revenue since May 2007 | $ | $ 87,000,000 |
| Patents owned | 27 |
| Number of License Agreements | 20 |
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- References No definition available.
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- References No definition available.
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- Definition Number of entity's patents that another entity was found to have infringed. No definition available.
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- Definition Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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