Intangible Assets, net

3 Months Ended

Mar. 31, 2018

Note 6

Intangible Assets, net:

Set forth below is a detailed listing of definite-lived intangible assets:

	March 31, 2018			December 31, 2017
	(unaudited)
Core technology	$	5,700		$	5,700
Product technology		1,500			1,500
Customer relationships		6,900			6,900
Tradenames		1,500			1,500
Distribution rights		-			286
		15,600			15,886
Accumulated amortization		(4,928	)		(4,561	)
Intangible assets, net	$	10,672		$	11,325

Related amortization expense was $427 and $454 for the three months ended March 31, 2018 and 2017, respectively.

During the three months ended March 31, 2018, the Company wrote off distribution rights of $286 and accumulated amortization of $60 related to the discontinuance of the Nordlys product. The value written off of $226 was recorded in selling and marketing expense. See Note 17, Subsequent Events for details on the termination of the distribution rights agreement.

Estimated amortization expense for the above amortizable intangible assets for future periods is as follows:

Remaining 2018	$	1,207
2019		1,610
2020		1,510
2021		1,410
2022		1,410
Thereafter		3,525
Total	$	10,672