Intangible Assets

3 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

6.	INTANGIBLE ASSETS

Intangible assets consist of:


	March 31, 2015
	Average Remaining Amortization Period	Cost		Accumulated Amortization			Net Carrying Amount End of Year
Core technology	1.45 years		978	$	(734	)	$	244
Trade name	2.45 years		89		(56	)		33
Royalty license	See below		328		—			328

		$	1,395	$	(790	)	$	605


	December 31, 2014
	Average Remaining Amortization Period	Cost		Accumulated Amortization			Net Carrying Amount End of Year
Core technology	1.7 years		978	$	(691	)	$	287
Trade name	2.7 years		89		(53	)		36
Royalty license	See below		151		—			151

		$	1,218	$	(744	)	$	474

As part of the WEG development agreement the Company has recorded an intangible asset of $328 representing the earned value of the royalty free license the Company will receive upon completion of the development project. The Company’s estimate of the total value of this intangible asset will be capitalized over the period of the development project. Amortization of the intangible asset will commence as the Company begins to license/sell the 3.3 MW wind turbine.

Amortization expense for the three months ended March 31, 2015 and 2014 was $46 and $46, respectively.

The expected aggregate future amortization expense, excluding amortization expense related to the royalty license, is as follows:


Years	Amortization

2015	$	140
2016		128
2017		9

	$	277