Goodwill and Other Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2015

Goodwill and Other Intangible Assets [Abstract]

Goodwill Acquired

Furthermore, the purchase price paid by Radiancy, Inc., a private company, included, 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, 2015	$	20,906
Translation differences		170
Balance at June 30, 2015	$	21,076

Other Definite-lived Intangible Assets

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

	June 30, 2015									December 31, 2014
	(unaudited)
	Trademarks			Customer Relationships			Total			Trademarks			Customer Relationships			Total
Gross amount beginning of period	$	3,592		$	4,688		$	8,280		$	3,672		$	4,816		$	8,488
Translation differences		13			22			35			(80	)		(128	)		(208	)
Gross amount end of period		3,605			4,710			8,315			3,592			4,688			8,280
Accumulated amortization		(1,277	)		(1,668	)		(2,945	)		(1,092	)		(1,426	)		(2,518	)
Net Book Value	$	2,328		$	3,042		$	5,370		$	2,500		$	3,262		$	5,762

Estimated Amortization Expense for Amortizable Intangible Assets

Estimated amortization expense for the above amortizable intangible assets for the future periods is as follows:

Last six months of 2015	$	416
2016		832
2017		832
2018		832
2019		832
Thereafter		1,626
Total	$	5,370