Pulse Beverage Corp | 2013 | FY | 3


6. Property and Equipment and Intangible Assets

Property and equipment consists of the following as of December 31:

 

 

2013

$

2012

$

 
Manufacturing, warehouse, display equipment and molds 261,522 352,966  
Office equipment and furniture 33,570 29,570  
Mobile display unit and vehicles 133,700 125,000  
Less: depreciation (88,740) (24,663)  
Total Property and Equipment 340,052 482,874
         

 

Intangible assets consists of the following as of December 31:

 

 

2013

$

 

2012

$

Formulations and manufacturing methods 779,968 761,963
Trademarks 187,276 159,706
Side panel statement rights 125,000 125,000
Patents 50,160 50,160
Website 62,675 31,750
Less: amortization (54,228) (23,631)
Total Intangible Assets 1,150,851 1,104,948

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