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3. Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Schedule of Intangible Assets from Continuing Operations
Description   Term     Carrying Value     Accumulated Amortization (1)     Net Carrying Value  
                         
Names database   9 months     $ 15,674,650     $ (15,231,891 )   $ 442,759  
Customer list   20 years       8,820,000       (147,000 )     8,673,000  
Customer list   10 years       1,610,000       (53,668 )     1,556,332  
Bundled downloads   4.5 months       1,930,989       (1,410,350 )     520,639  
Exclusivity and non-compete agreements   1 year       270,000       (190,000 )     80,000  
Tradenames   5 years       960,000       (64,000 )     896,000  
Tradenames     -       390,000       -       390,000  
 Total intangible assets           $ 29,655,639     $ (17,096,909 )   $ 12,558,730  
Goodwill           $ 6,067,270     $ -     $ 6,067,270  

 

(1) Amortization for  the three months ended June 30, 2012 and 2011 was approximately; names database $607,000 and $628,000, respectively, bundled downloads $269,000 and $0, respectively; customer lists $151,000 and $0, respectively; exclusivity and non-compete agreements $30,000 and $0, respectively; and trademarks $48,000 and $0, respectively. Amortization for the six months ended June 30, 2012 and 2011 was approximately; $1,106,000 and $1,199,000, respectively; bundled downloads $1,410,000 and $0, respectively; customer lists $201,000 and $0, respectively; exclusivity and non-compete agreements $40,000 and $0 respectively; and trademarks $64,000 and $0, respectively. Intangible assets with an amortization term of less than one year are shown in the current assets section of the consolidated balance sheets.
Schedule of Amortization Expense
2012   $ 1,367,356  
2013     867,041  
2014     794,000  
2015     794,000  
2016     794,000  
Thereafter     7,552,333  
Total   $ 12,168,730