Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the nine months ended September 30, 2015 were as follows (in thousands):

Balance as of January 1, 2015	$	1,635
Foreign currency translation adjustment		(129)
Balance as of September 30, 2015	$	1,506

Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands):

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Total
Gross carrying amounts:
Balance as of December 31, 2014	$	2,369	$	2,439	$	596	$	50	$	5,454
Foreign currency translation		(317)		(327)		(32)		(7)		(683)
Balance as of September 30, 2015	$	2,052	$	2,112	$	564	$	43	$	4,771

	Developed technology		Customer relationships		Trademarks and tradenames		Patents		Total
Accumulated amortization:
Balance as of December 31, 2014	$	98	$	84	$	11	$	-	$	193
Amortization expense		168		144		69		4		385
Foreign currency translation		(27)		(23)		(3)		-		(53)
Balance as of September 30, 2015	$	239	$	205	$	77	$	4	$	525

Amortization expense relating to acquisition-related intangible assets was $0.2 million and $0.1 million for the three months ended September 30, 2015 and 2014, respectively. Amortization expense relating to acquisition-related intangible assets was $0.4 million and $0.1 million for the nine months ended September 30, 2015 and 2014, respectively.

Estimated annual amortization expense for intangible assets subsequent to September 30, 2015 is as follows (in thousands):

Year	Amortization
2016	$	474
2017	$	474
2018	$	474
2019	$	474
2020	$	427
Thereafter	$	1,923
	$	4,246

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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