Patents and Licensed Technologies, net

3 Months Ended

Mar. 31, 2014

Patents and Licensed Technologies, net [Abstract]

Patents and Licensed Technologies, net

Note 5

Patents and Licensed Technologies, net:

	March 31, 2014			December 31, 2013
	(unaudited)
Gross Amount beginning of period	$	15,648		$	15,411
Additions		56			171
Translation differences		29			66
Gross Amount end of period		15,733			15,648
Accumulated amortization		(5,344	)		(4,816	)
Patents and licensed technologies, net	$	10,389		$	10,832

Related amortization expense was $512 and $509 for the three months ended March 31, 2014 and 2013, respectively.

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

Last nine months of 2014	$	1,542
2015		2,049
2016		2,047
2017		909
2018		899
Thereafter		2,943
Total	$	10,389