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INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2012
INTANGIBLE ASSETS [Abstract] |
Schedule of intangible assets | At December 31, 2012 and 2011, intangible assets consisted of the following (in thousands):
|  | 2012 |  |  | 2011 |
Brand name and trademark (life indefinite) |  | $ | 1,510 |  |  | $ | 1,510 |
Purchased technology (9-17 year lives) |  | $ | 1,441 |  |  | $ | 1,441 |
Less: accumulated amortization |  |  | (777 | ) |  |  | (689 | )
Purchased technology, net |  | $ | 664 |  |  | $ | 752 |
License rights (5 year life) |  | $ | 316 |  |  | $ | 316 |
Less: accumulated amortization |  |  | (316 | ) |  |  | (290 | )
License rights, net |  | $ | -- |  |  | $ | 26 |
With respect to our trademark and brand name, we continue to market products, release new products and product extensions and maintain and promote these trademarks and brand name in the marketplace through legal registration and such methods as advertising, medical education and trade shows. It is our belief that these trademarks and brand names will generate cash flow for an indefinite period of time. Therefore, we believe our trademarks and brand name intangible assets are recoverable. During 2011, certain intangible assets were transferred in conjunction with our settlement agreement with Mr. Livneh (See Note 12).

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- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 + Details
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