NOTE 6 - INTANGIBLE SOFTWARE TECHNOLOGY, NET (Tables)

12 Months Ended

Dec. 31, 2012

Note 6 - Intangible Software Technology Net Tables

Intangible software technology

The following is a summary of the Company’s intangible software technology:

	December 31, 2012		December 31, 2011
(in thousands)
Intangible software technology	$	3,089	$	3,089
Less impairment charge		2,318		-
Less accumulated amortization		736		296
Intangible software technology, net	$	35	$	2,793

Future amortization expense

Future amortization expense related to this intangible asset is as follows:

	Amortization
(in thousands)
2013	$	4
2014		4
2015		4
2016		4
2017		4
Thereafter		15
Total	$	35