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INTANGIBLE ASSETS
 9 Months Ended
Sep. 30, 2014
Notes to Financial Statements  
NOTE 3. INTANGIBLE ASSETS

At September 30, 2014 and December 31, 2013 intangible assets consisted of the following (in thousands):

 

    September 30,     December 31,  
    2014     2013  
             
Trade name (life indefinite)   $ 1,510     $ 1,510  
                 
Purchased technology (9-17 yr life)   $ 1,441     $ 1,441  
Less: accumulated amortization     (984 )     (866 )
                 
Net carrying amount   $ 458     $ 575  
                 
License rights (5 yr life)   $ 316     $ 316  
Less accumulated amortization     (316 )     (316 )
Net carrying amount   $ -     $ -  

 

Amortization of intangibles, which is included in depreciation and amortization in the accompanying statements of cash flows, was approximately $118,000 and $66,300 during the respective nine month periods ended September 30, 2014 and 2013.