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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2015
Intangible Assets  
Schedule of intangible assets

Intangible assets consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

    

As of

    

As of

    

 

 

December 31, 2015

 

December 31, 2014

 

Patents issued

 

$

6,180

 

$

6,518

 

Patents pending

 

 

1,156

 

 

3,373

 

Trademarks

 

 

40

 

 

40

 

Total intangible assets

 

 

7,376

 

 

9,931

 

Less patent amortization

 

 

(1,407)

 

 

(1,990)

 

Intangible assets, net

 

$

5,969

 

$

7,941

 

 

Finite-lived Intangible Assets Amortization Expense

 

 

The following table presents patent amortization expense included in the Consolidated Statement of Operations (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Years Ended December 31, 

 

 

 

    

2015

    

2014

    

2013

    

 

Amortization expense

 

$

995

 

$

688

 

$

615

 

 

 

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated future aggregate annual amortization expense for both issued and pending intangible assets is as follows (in thousands):

 

 

 

 

 

 

 

As of December 31:

    

    

 

 

2016

 

$

580

 

2017

 

 

490

 

2018

 

 

430

 

2019

 

 

397

 

2020

 

 

379

 

Thereafter

 

 

3,653

 

Total

 

$

5,929