Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
3 Months Ended
Mar. 31, 2016
Intangible Assets [Abstract]  
Intangible Assets
(2) Intangible Assets

 

Intangible assets consist of the following (in thousands):

 

    March 31, 2016     December 31, 2015  
    Gross
carrying
value
    Accumulated
amortization
    Gross
carrying
value
    Accumulated
Amortization
 
Amortizable intangible assets                                
Licensed technology   $ 7,156     $ 692     $ 7,156     $ 547  

 

Amortization expense related to intangible assets totaled $145,000 for the three months ended March 31, 2016 and totaled $116,000 for the three ended March 31, 2015. The aggregate estimated amortization expense for intangible assets remaining as of March 31, 2016 is as follows (in thousands):

 

2016   $ 436  
2017     582  
2018     582  
2019     582  
2020     582  
over 5 years     3,700  
         
Total   $ 6,464