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7. Intangible Assets
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Mar. 31, 2015
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 7. Intangible Assets | Intangible assets consisted of the following for the periods indicated (in thousands):
For the three months ended March 31, 2015 and 2014, amortization expense for intangible assets, included in general and administrative expenses on the income statement, was $100,000 and $69,000, respectively. The remaining weighted average amortization period for intangible assets is approximately 10 years.
In 2014 the Company acquired an intangible asset from an unrelated company in the form of a license to various patents related to transceiver product technology. The weighted-average amortization period for the license is 10 years.
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