Intangible Assets

6 Months Ended

Jun. 30, 2011

Intangible Assets

6. Intangible Assets

The Company has acquired certain intangible assets, which include: customer lists, trademarks, patents, and copyrights.  The customer lists are being amortized over a 3 year period based on management’s best estimate of the expected.  The costs of trademarks, patents and copyrights are amortized over 3 to 7 years based on their estimated useful life.

The Company’s intangible assets and related amortization included the following:

	As of June 30, 2011				As of December 31, 2010				Weighted-Avg.
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Amortization    Period
Customer lists	$	235,000	$	89,000	$	235,000	$	50,000	3 years
Trademarks, patents, and copyrights		2,184,000		1,357,000		2,053,000		1,166,000	7 years
Total	$	2,419,000	$	1,446,000	$	2,288,000	$	1,216,000
Amortization expense for the three and six months ended June 30, 2011 and 2010 was as follows:
	Three months ended June 30,				Six months ended June 30,
	2011		2010		2011		2010
Customer lists	$	20,000	$	13,000	$	39,000	$	25,000
Trademarks, patents, and copyrights		95,000		60,000		191,000		120,000
Total trademarks and intangibles	$	115,000	$	73,000	$	230,000	$	145,000