NOTE 4 - INTANGIBLE SOFTWARE TECHNOLOGY, NET (Tables)

6 Months Ended

Jun. 30, 2012

Note 4 - Intangible Software Technology Net Tables

Intangible software technology

The following is a summary of the Company’s intangible software technology:
	June 30, 2012	December 31, 2011
(in thousands)
Intangible software technology	$3,089	$3,089
Less accumulated amortization	517	296
Intangible software technology, net	$2,572	$2,793

Future amortization expense

Future amortization expense related to this intangible asset is as follows:
	Amortization
(in thousands)
2012 (remaining)	$219
2013	438
2014	438
2015	438
2016	438
Thereafter	601
Total	$2,572