Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
 9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

4. Intangible Assets

 

Intangible assets consisted of the following (in thousands):

 

    September 30, 2016     December 31, 2015  
Customer relationships   $ 3,990     $ 3,990  
Developed technology     4,685       4,685  
Other patents and patent applications     562       562  
Trademarks     350       350  
Total intangibles     9,587       9,587  
Less accumulated amortization     (6,275 )     (5,900 )
Total intangibles net of amortization   $ 3,312     $ 3,687  

 

Based on the recorded intangibles at September 30, 2016, the estimated amortization expense is expected to be $125,000 during the remainder of 2016 and approximately $501,000 per year through 2021 and $333,000 thereafter.