Annual report pursuant to Section 13 and 15(d) 12-31-2014

Intangible Assets

v2.4.1.9
Intangible Assets
12 Months Ended
Dec. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

4. Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

December 31,

 

 

December 31,

 

 

 

2014

 

 

2013

 

Customer relationships

 

$

3,990

 

 

$

3,990

 

Developed technology

 

 

4,685

 

 

 

4,685

 

Other patents and patent applications

 

 

562

 

 

 

562

 

Trademarks

 

 

350

 

 

 

350

 

 

 

 

9,587

 

 

 

9,587

 

Less accumulated amortization

 

 

(5,399

)

 

 

(4,899

)

 

 

$

4,188

 

 

$

4,688

 

Based on the recorded intangibles at December 31, 2014, the estimated amortization expense for each of the five years ending in 2019 is approximately $501,000 per year and $1.5 million thereafter.