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Intangible Assets
9 Months Ended
Sep. 30, 2015
Intangible Assets [Abstract]  
Intangible Assets

4. INTANGIBLE ASSETS

The following table provides a summary of the Company’s intangible assets with definite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

2015

 

2014

 

 

Cost 

 

Accumulated

Amortization

 

Cost

 

Accumulated

Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

Non-compete agreement

 

$

100 

 

$

100 

 

$

100 

 

$

93 

Fusion technology

 

 

9,242 

 

 

1,617 

 

 

9,242 

 

 

924 

Clamp & probe technology

 

 

829 

 

 

484 

 

 

829 

 

 

276 

Estech trade name

 

 

208 

 

 

208 

 

 

208 

 

 

208 

Total

 

$

10,379 

 

$

2,409 

 

$

10,379 

 

$

1,501 

 

Amortization expense related to intangible assets with definite lives was $302 and $355 for the three months ended September 30, 2015 and 2014, respectively, and $908 and $1,066 for the nine months ended September 30, 2015 and 2014, respectively.

Future amortization expense related to intangible assets with definite lives is projected as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2015

 

$

300 

 

October 1, 2015 through December 31, 2015

2016

 

 

1,201 

 

 

2017

 

 

924 

 

 

2018

 

 

924 

 

 

2019

 

 

924 

 

 

2020 and thereafter

 

 

3,697 

 

 

Total

 

$

7,970