Intangible Assets

6 Months Ended

Jun. 30, 2011

Intangible Assets

Intangible Assets

6.          Intangible Assets

As of June 30, 2011 and December 31, 2010, intangible assets, net of accumulated amortization, are as follows (in thousands):

		June 30, 2011					December 31, 2010
	Estimated Life	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Core technology	12 years	$	3,593	$	(1,257	)	$	3,593	$	(1,107	)
Non-compete agreement	2 years	170		(170		)	170		(170		)
Total intangible assets		$	3,763	$	(1,427	)	$	3,763	$	(1,277	)

Amortization is computed using the straight-line method over the useful lives of the respective intangible assets. Amortization expense was $0.1 million for each of the three months ended June 30, 2011 and 2010. Amortization expense was approximately $0.2 million for each of the six months ended June 30, 2011 and 2010.

The Company expects to incur amortization expense of approximately $0.3 million per year for each of the next five years.