Better Choice Company Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Intangible Assets

Note 6 - Intangible Assets

9 Months Ended

May 31, 2016

Intangible Assets Disclosure [Text Block]

Note 6 – Intangible Assets

The following table summarizes the Company’s intangible assets, net as of May 31, 2016 and August 31, 2015. Trade secrets and trade names are not considered finite lived assets, and accordingly are not amortized:

	May 31, 2016		August 31, 2015

Trade secrets	$	188,824	$	-
Trade name		58,007		-
Intangible assets, gross		246,381		-
Impairment of intangible assets		165,131		-
Intangible assets, net	$	81,700	$	-

During the nine months ended May 31, 2016, the Company recorded an impairment of $165,131 with respect to its intangible assets.