Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v2.4.0.8
Intangible Assets
 6 Months Ended
Jun. 30, 2014
Intangible Assets

4. Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

June 30,

 

 

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

 

(5,149

)

 

 

(4,899

)

 

$

4,438

 

 

$

4,688

 

 

Based on the recorded intangibles at June 30, 2014, the estimated amortization expense is expected to be $251,000 during the remainder of 2014 and approximately $501,000 per year through 2018 and $1.8 million thereafter.