CareCloud, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Document And Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

INTANGIBLE ASSETS - NET (Details)

v2.4.1.9

INTANGIBLE ASSETS - NET (Details) (USD $)	12 Months Ended
INTANGIBLE ASSETS - NET (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Balance	$ 3,306,848	$ 2,141,953
Acquired backlog from acquisitions	148,408
Purchase of other intangible assets	75,490	8,895
Intangible Assets, Acquired Business	9,150,000	1,156,000
Balance	12,680,746	3,306,848
Balance	1,772,068	1,056,968
Amortization expense	2,530,841us-gaap_AmortizationOfIntangibleAssets	715,100us-gaap_AmortizationOfIntangibleAssets
Balance	4,302,909	1,772,068
Net book value	8,377,837us-gaap_FiniteLivedIntangibleAssetsNet	1,534,780us-gaap_FiniteLivedIntangibleAssetsNet
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	2,939,988	2,035,988
Acquired backlog from acquisitions	0
Purchase of other intangible assets	0	0
Intangible Assets, Acquired Business	8,225,000	904,000
Balance	11,164,988	2,939,988
Balance	1,626,776	979,731
Amortization expense	2,127,468	647,045
Balance	3,754,244	1,626,776
Net book value	7,410,744	1,313,212
Useful lives	3 years	3 years
Non-Compete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	281,272	29,272
Acquired backlog from acquisitions	0
Purchase of other intangible assets	0	0
Intangible Assets, Acquired Business	925,000	252,000
Balance	1,206,272	281,272
Balance	65,723	6,966
Amortization expense	247,924	58,757
Balance	313,647	65,723
Net book value	892,625	215,549
Useful lives	3 years	3 years
Other Intangible Assets [Member]
Finite-Lived Intangible Assets [Line Items]
Balance	85,588	76,693
Acquired backlog from acquisitions	148,408
Purchase of other intangible assets	75,490	8,895
Intangible Assets, Acquired Business	0	0
Balance	309,486	85,588
Balance	79,569	70,271
Amortization expense	155,449	9,298
Balance	235,018	79,569
Net book value	$ 74,468	$ 6,019
Useful lives	3 years	3 years

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Intangible assets in related to acquisition of acquired businesses during the period.

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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

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Amount of increase (decrease) to assets, excluding financial assets and goodwill, lacking physical substance with a finite life for purchase accounting adjustments.

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Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.

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