ACQUISITION (Tables)

9 Months Ended

Sep. 30, 2015

ACQUISITION

Schedule of preliminary allocable purchase price

Cash	$	600
Restricted stock*	150
Contingent consideration	986
Total allocable purchase price	$	1,736

*33,784 shares at $4.44 at close of market on August 7, 2015.

Schedule of recognized amounts of identifiable assets acquired and liabilities assumed

Cash	$	63
Accounts receivable	137
Other assets	4
Intangible assets	989
Accrued expenses and other	(564		)
Net assets acquired	$	629
Goodwill(1)	$	1,107

(1) Goodwill of approximately $1.1 million acquired in the acquisition is deductible for tax purposes.

Schedule of purchase price assigned to intangible assets and the amortization period

	Purchase Price Allocation		Asset Life
Amortizable intangible assets:
Customer relationships	$	984	15 years
Non-compete	5		3 years
Total intangible assets	$	989