Intangible Assets

9 Months Ended

Sep. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

6.	Intangible Assets

The Company has acquired certain intangible assets, which include: customer lists, trademarks, patents and copyrights. The customer lists are being amortized over a 3-year period based on management’s best estimate of the expected useful life. The costs of trademarks, patents and copyrights are amortized over 2 to 7 years based on their estimated useful life.

	As of September 30, 2013				As of December 31, 2012
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization		Weighted-Avg. Amortization Period

Customer lists	$	235,000	$	228,000	$	235,000	$	206,000	3 years
Trademarks, patents, and copyrights		2,437,000		2,395,000		2,437,000		2,038,000	4 years
Total	$	2,672,000	$	2,623,000	$	2,672,000	$	2,244,000

Amortization expense for the three and nine months ended September 30, 2013 and 2012 was as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2013		2012		2013		2012
Customer lists	$	7,000	$	20,000	$	22,000	$	60,000
Trademarks, patents, and copyrights		111,000		132,000		357,000		351,000

Total trademarks and intangibles	$	118,000	$	152,000	$	379,000	$	411,000

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