General form of registration statement for all companies including face-amount certificate companies

Intangible Assets

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Intangible Assets
9 Months Ended 12 Months Ended
Sep. 30, 2017
Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]    
Intangible Assets

4. Intangible Assets

 

Intangible assets consisted of the following (in thousands):

 

    September 30, 2017     December 31, 2016  
Developed technology   $ 4,685     $ 4,685  
Customer relationships     3,990       3,990  
Other patents and patent applications     562       562  
Trademarks     350       350  
      9,587       9,587  
Less: accumulated amortization     (6,802 )     (6,400 )
    $ 2,785     $ 3,187  

 

Amortization expense is expected to approximate $134,000 for the remainder of 2017, $536,000 per year through 2021, $369,000 in 2022 and a total of $140,000 thereafter, until fully amortized.

4. Intangible Assets

 

Intangible assets consisted of the following (in thousands):

 

    Year Ended December 31,  
    2016     2015  
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     (6,400 )     (5,900 )
    $ 3,187     $ 3,687  

 

Based on the recorded intangibles at December 31, 2016, the estimated amortization expense is expected to be approximately $501,000 per year through 2021 and $332,000 through 2022.