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EXCEL - IDEA: XBRL DOCUMENT - MEDICAL INTERNATIONAL TECHNOLOGY INCFinancial_Report.xls
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v2.4.0.6
Patents
12 Months Ended
Sep. 30, 2012
Patents [Abstract]  
Patents
 
Note 4 –   Patents
 
As of September 30, 2012 the Company has net patents on certain technologies aggregating $23,781. Amortization expense for the years ended September 30, 2012 and 2011 were $13,517 and $6,639, respectively. During the year ended September 30, 2012, the Company capitalized patent costs on its needle-free injector of $35,103.  Following is a detail of patents at September 30, 2012.
 
 
   
Gross
Intangible
Assets
   
Accumulated
Amortization
   
Net
Intangible
Assets
 
Weighted
Average
Life
(Years)
Patents
  $ 67,584     $ 22,727     $ 44,857  
7.5 through 15