Quarterly report pursuant to Section 13 or 15(d)

Intangible assets, net

v3.4.0.3
Intangible assets, net
 3 Months Ended
Mar. 31, 2016
Intangible assets, net  
Intangible assets, net

Note 5 — Intangible assets, net

 

Intangible assets, net consisted of the following (in thousands):

 

 

 

March 31,
2016

 

December 31,
2015

 

 

 

 

 

 

 

Acquired software licenses

 

$
1,171

 

$
399

 

IP rights for licensed technology

 
99

 

—

 

 

 

 

 

 

 

 

 
1,270

 
399

 

Less accumulated amortization

 
(130

)
(94

)

 

 

 

 

 

 

 

 

$
1,140

 

$
305

 

 

 

 

 

 

 

 

 

 

Amortization expense for the three months ended March 31, 2016 and March 31, 2015 was $38,000 and $- respectively.