Amortizable Intangible Assets

3 Months Ended

Mar. 31, 2012

Amortizable Intangible Assets

Note 8 – Amortizable Intangible Assets

Intangible assets other than goodwill are amortized by the straight-line method over the estimated useful life of the related asset. The following table sets forth the amounts of each major class of intangible assets subject to amortization as of March 31, 2012 and December 31, 2011:

	March 31, 2012			December 31,  2011
Customer relationships	$	2,372,000		$	2,372,000
Patents		1,674,000			1,674,000
Distributor relationships		540,000			540,000
Trade name		130,000			130,000
	$	4,716,000		$	4,716,000
Less: accumulated amortization		(1,888,000	)		(1,796,000	)
	$	2,828,000		$	2,920,000

Amortization of intangible assets subject to amortization was $92,000 and $74,000 for the three months ended March 31, 2012 and 2011, respectively.