Goodwill and Amortizable Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2013

Goodwill and Amortizable Intangible Assets

Schedule of changes in the carrying amount of goodwill

Balances as of December 31, 2012	$	4,038,000
Impairment loss	(2,590,000		)
Balances as of March 31, 2013	$	1,448,000

Schedule of the details of intangible assets

March 31, 2013

Intangible Asset	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment Loss			Net		Weighted Average Remaining Useful Life (in years)
Developed Technology	$	6,426,000	$	(1,247,683	)	$	(5,038,100	)	$	140,217	5.5
In-Process Technology	90,000		—			(90,000		)	—		—
Customer Relationships	3,972,000		(553,327		)	(1,786,673		)	1,632,000		8.5
Trade Name	90,000		(90,000		)	—			—		—
Acquired Patents	1,100,000		(641,667		)	—			458,333		2.1
	$	11,678,000	$	(2,532,677	)	$	(6,914,773	)	$	2,230,550

December 31, 2012

Intangible Asset	Gross Carrying Amount		Accumulated Amortization			Accumulated Impairment Loss			Net		Weighted Average Remaining Useful Life (in years)
Developed Technology	$	6,426,000	$	(1,167,900	)	$	(3,423,100	)	$	1,835,000	5.8
In-Process Technology	90,000		—			(90,000		)	—		—
Customer Relationships	3,972,000		(505,327		)	(1,786,673		)	1,680,000		8.8
Trade Name	90,000		(90,000		)	—			—		—
Acquired Patents	1,100,000		(586,667		)	—			513,333		2.4
	$	11,678,000	$	(2,349,894	)	$	(5,299,773	)	$	4,028,333

Summary of estimated amortization expense for intangible assets

The estimated amortization expense for intangible assets for the next five years and thereafter is as follows (in thousands):

Period	Estimated Amortization Expense
Remainder of 2013	$	328
2014	437
2015	291
2016	217
2017	217
Thereafter	741
Total	$	2,231