H-CYTE, Inc Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2015

Intangible assets are summarized as follows:

		2015	2014
Amortized	Amortization Lives	Cost	Cost
Developed Technology	7	$ 3,000,000	$ --
Trademark	5	700,000	--
Total		3,700,000	--
Less Accumulated Amortization		(426,429)	--
Net		3,273,571	--

Non Amortized
Goodwill		6,455,645	--

Total		$9,729,216	--

Amortization expense related to intangible assets for the years ended December 31, 2015 and 2014 was $426,429 and $0, respectively.

Expected future amortization of intangible assets as of December 31, 2015, is as follows:

Year ending December 31,						Estimated Amortization Expense
2016						$ 569,000
2017						569,000
2018						569,000
2019						569,000
2020						464,000
Thereafter						534,000
						$ 3,274,000