Patents and Licensed Technologies, net

3 Months Ended

Mar. 31, 2013

Patents and Licensed Technologies, net [Abstract]

Patents and Licensed Technologies, net

Note 4

Patents and Licensed Technologies, net:

	March 31, 2013			December 31, 2012
	(unaudited)
Gross Amount beginning of period	$	15,411		$	15,124
Additions		18			181
Translation differences		(193	)		106
Gross Amount end of period		15,236			15,411
Accumulated amortization		(3,216	)		(2,738	)
Patents and licensed technologies, net	$	12,020		$	12,673

Related amortization expense was $509 and $507 for the three months ended March 31, 2013 and 2012, respectively.

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

Last nine months of 2013	$	1,524
2014		2,032
2015		2,025
2016		1,946
2017		878
Thereafter		3,615
Total	$	12,020