KELSO TECHNOLOGIES INC | CIK:0001161814 | 3

  • Filed: 5/1/2018
  • Entity registrant name: KELSO TECHNOLOGIES INC (CIK: 0001161814)
  • Generator: Compliance Xpressware
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/0001062993-18-001853-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/kls-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001161814
  • Open this page in separate window: Click
  • ifrs-full:DisclosureOfDetailedInformationAboutIntangibleAssetsExplanatory

                      Product        
                      Development        
      Cost   Patent     Rights     Costs     Total  
                               
      Balance, December 31, 2015 $ 40,840   $ 65,000   $   -   $ 105,840  
      Additions   -     217,946     -     217,946  
      Balance, December 31, 2016   40,840     282,946     -     323,786  
      Additions   -     -     718,023     718,023  
      Balance, December 31, 2017 $ 40,840   $ 282,946   $ 718,023   $ 1,041,809  
      Accumulated Amortization                        
      Balance, December 31, 2015 $ 21,449   $ 65,000   $   -   $ 86,449  
      Amortization   3,024     -     -     3,024  
      Balance, December 31, 2016   24,473     65,000     -     89,473  
      Amortization   7,560     -     -     7,560  
      Balance, December 31, 2017 $ 32,033   $ 65,000   $   -   $ 97,033  
      Carrying Value                        
      December 31, 2017 $ 8,807   $ 217,946   $ 718,023   $ 944,776  
      December 31, 2016 $ 16,367   $ 217,946   $   -   $ 234,313