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7. Intangible Assets
6 Months Ended
Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
7. Intangible Assets

Intangible assets consisted of the following for the periods indicated (in thousands):

 

   June 30, 2015 
   Gross Amount   Accumulated amortization   Intangible assets, net 
Patents  $5,172   $  (1,340)  $3,832 
Trademarks   14    (9)   5 
Total intangible assets   5,186    (1,349)   3,837 

 

   December 31, 2014 
   Gross Amount   Accumulated amortization   Intangible assets, net 
Patents  $4,968   $  (1,141)  $3,827 
Trademarks   14    (8)   6 
Total intangible assets   4,982    (1,149)   3,833 

  

For the three months ended June 30, 2015 and 2014, amortization expense for intangible assets, included in general and administrative expenses on the income statement, was $102,000 and $95,000, respectively. For the six months ended June 30, 2015 and 2014, amortization expense for intangible assets, included in general and administrative expenses on the income statement, was $201,000 and $164,000, respectively. The remaining weighted average amortization period for intangible assets is approximately 10 years.

 

In 2014 the Company acquired an intangible asset from an unrelated company in the form of a license to various patents related to transceiver product technology. The weighted-average amortization period for the license is 10 years.