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Patents and Licensed Technologies, net | 12 Months Ended
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Dec. 31, 2016
Patents and Licensed Technologies, net [Abstract] |
Patents and Licensed Technologies, net | Note 5 Patents and Licensed Technologies, net:
|  | December 31, 2016 |  |  | December 31, 2015 |
Core technology |  | $ | 5,974 |  |  | $ | 5,974 |
Product technology |  |  | 2,000 |  |  |  | 2,000 |
|  |  | 7,974 |  |  |  | 7,974 |
Accumulated amortization |  |  | (1,702 | ) |  |  | (727 | )
Patents and licensed technologies, net |  | $ | 6,272 |  |  | $ | 7,247 |
Related amortization expense was $975 and $490 for each of the years ended December 31, 2016 and 2015. The Core technology of $5,700 and Product technology of $2,000 are the core and product technologies acquired in the asset purchase of the XTRAC and VTRAC businesses and were recorded at their appraised fair values at that date. Amortization of these intangibles is on a straight-line basis over 5 years for Product technology and 10 years for Core technology. Estimated amortization expense for amortizable patents and licensed technologies assets for the future periods is as follows:
2017 |  | $ | 975 |
2018 |  |  | 975 |
2019 |  |  | 975 |
2020 |  |  | 775 |
2021 |  |  | 575 |
Thereafter |  |  | 1,997 |
Total |  | $ | 6,272 |

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