Intangible Assets, Net

9 Months Ended

Sep. 30, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 10 – INTANGIBLE ASSETS, NET

Intangible assets other than goodwill consist of the following:


	Weighted average amortization period	September 30, 2015			December 31, 2014
Gross amount
Purchased IP and capitalized litigation costs	10 years	$	1,460		$	461
Software developed for internal use	3-10 years		1,663			341

			3,123			802
Accumulated amortization
Purchased IP and capitalized litigation costs			(18	)		—
Software developed for internal use			(28	)		(6	)

			(46	)		(6	)
Net intangible assets
Purchased IP and capitalized litigation costs			1,442			461
Software developed for internal use			1,635			335

		$	3,077		$	796

The amounts associated with intangible assets were mainly related to the intellectual property purchased by TBO from Ole Poulsen (“Purchased IP”) pursuant to the Intellectual Property Purchase Agreement dated October 14, 2014 (“IP Agreement”) and related legal and other costs incurred in defending the Company’s claims to the Purchased IP, and capitalized costs of internally developed software. Amortization expenses of $12 and $40 were included in operating expenses for the three and nine months ended September 30, 2015, respectively.

Estimated amortization expenses related to the Company’s intangible assets for the remainder of 2015 through 2019 and thereafter are $14, $56, $56, $56, $56, and $474, respectively.