Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Other Intangible Assets [Abstract]

The purchase price intrinsically recognizes the benefits of the broadened depth of the management team and the addition of a sizeable direct sales force creating greater access to the physician community with branded products and technologies. Furthermore, the purchase price paid by Radiancy, Inc., a private company includes, among other things, other benefits such as the intrinsic value of being a Nasdaq-listed issuer post merger and now having access to capital markets and stockholder liquidity.


Balance at January 1, 2014	$	24,930
Additions to goodwill		-
Translation differences		(882	)
Balance at December 31, 2014	$	24,048

Schedule of goodwill allocated to reportable segments

The goodwill was allocated among the reportable segments as of December 31, 2014 in accordance with the provisions of ASC Topic 350-20 Intangibles-Goodwill and consisted of the following:

	December 31, 2014

Consumer segment	$	19,968
Physician Recurring segment		4,080
Total goodwill	$	24,048

Schedule of other definite-lived intangible assets

Set forth below is a detailed listing of other definite-lived intangible assets:

	December 31, 2014									December 31, 2013
	Trademarks			Customer Relationships			Total			Trademarks			Customer Relationships			Total
Gross Amount beginning of period	$	5,772		$	6,417		$	12,189		$	5,744		$	6,372		$	12,116
Translation differences		(80	)		(128	)		(208	)		28			45			73
Gross Amount end of period		5,692			6,289			11,981			5,772			6,417			12,189

Accumulated amortization		(1,731	)		(1,913	)		(3,644	)		(1,178	)		(1,310	)		(2,488	)

Net Book Value	$	3,961		$	4,376		$	8,337		$	4,594		$	5,107		$	9,701

Schedule of estimated amortization expense for amortizable intangible assets

Estimated amortization expense for the above amortizable intangible assets for the next five years is as follows:

2015	$	1,200
2016		1,200
2017		1,200
2018		1,200
2019		1,200
Thereafter		2,337
Total	$	8,337