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TRADEMARKS AND INTANGIBLES
12 Months Ended
Dec. 31, 2011
TRADEMARKS AND INTANGIBLES

6. TRADEMARKS AND INTANGIBLES

 

The Company’s intangible assets and related accumulated amortization included the following:

 

    As of December 31, 2011     As of December 31, 2010        
    Gross Carrying
Amount
    Accumulated
Amortization
    Gross Carrying 
Amount
    Accumulated
Amortization
    Weighted-Avg.
Amortization
Period
 
                               
Customer lists   $ 235,000     $ 128,000     $ 235,000     $ 50,000        3 years  
Trademarks, patents, and copyrights     2,440,000       1,544,000       2,053,000       1,166,000        5 years  
Total   $ 2,675,000     $ 1,672,000     $ 2,288,000     $ 1,216,000          

 

Amortization expense for the years ended December 31, 2011, 2010 and 2009 was:

 

    2011     2010     2009  
Customer lists   $ 78,000     $ 50,000          
Trademarks, patents, and copyrights     378,000       241,000     $ 241,000  
                         
Total trademarks and intangibles   $ 456,000     $ 291,000     $ 241,000  

 

Amortization expense is included in selling, general and administrative expenses.

 

The estimated future amortization expense of trademarks and intangible assets is as follows:

 

For the years ending December 31,   Amount  
       
2012   $ 464,000  
2013     342,000  
2014     131,000  
2015     66,000