Patents and Licensed Technologies, net

12 Months Ended

Dec. 31, 2012

Patents and Licensed Technologies [Abstract]

Patents and Licensed Technologies

Note 5

Patents and Licensed Technologies, net:

	December 31,
	2012			2011
Gross Amount beginning of period	$	15,124		$	15,124
Additions		181			-
Translation differences		106			-
Gross Amount end of period		15,411			15,124
Accumulated amortization		(2,738	)		(689	)
Net Book Value	$	12,673		$	14,435

Related amortization expense was $2,049, $184 and $100 for the years ended December 31, 2012, 2011 and 2010, respectively. An amount of $13,500, included in Patents represents product and core technologies recorded as part of the purchase price allocation done in connection with the reverse acquisition of the Pre-merged PhotoMedex.

Estimated amortization expense for amortizable patents and licensed technologies assets for the next five years is as follows:

2013	$	2,040
2014		2,040
2015		2,034
2016		1,997
2017		918
Thereafter		3,644
Total	$	12,673