Quarterly report pursuant to sections 13 or 15(d)

Goodwill (Tables)

v2.4.0.8
Goodwill (Tables)
9 Months Ended
Sep. 30, 2013
Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2012 and the nine months ended September 30, 2013 is presented below. As more fully described in Note 2 the goodwill balance at December 31, 2012 has been retroactively adjusted in accordance with the relevant accounting standard for business combinations.

 

     LED
Replacement
Lamps and
Fixtures
    LED Signage
and Lighting
Strips
    Total  

Balance, January 1, 2012

   $ 1,988,920      $ —        $ 1,988,920   

Seesmart acquisition

     10,165,993        —          10,165,993   

Impairment loss

     (1,988,920     —          (1,988,920
  

 

 

   

 

 

   

 

 

 

Balance, December 31, 2012

   $ 10,165,993      $ —        $ 10,165,993   
  

 

 

   

 

 

   

 

 

 

Relume acquisition

     7,183,693        —          7,183,693   
  

 

 

   

 

 

   

 

 

 

Balance, September 30, 2013

   $ 17,349,686      $ —        $ 17,349,686