Quarterly report pursuant to Section 13 or 15(d)

Intangible assets, net

v3.7.0.1
Intangible assets, net
 6 Months Ended
Jun. 30, 2017
Intangible assets, net  
Intangible assets, net

 

Note 7 — Intangible assets, net

 

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

 

 

June 30,
2017

 

December 31,
2016

 

Acquired software licenses

 

$
1,640

 

$
1,310

 

Licensed IP rights - completed technology used in R&D

 
193

 
183

 

 

 

 

 

 

 

 

 
1,833

 
1,493

 

Less accumulated amortization

 
(402

)
(225

)

 

 

 

 

 

 

 

 

$
1,431

 

$
1,268

 

 

 

 

 

 

 

 

 

 

Amortization expense was $99,000 and $44,000 for the three months ended June 30, 2017 and 2016, respectively, and $159,000 and $82,000 for the six months ended June 30, 2017 and 2016, respectively.