Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.5.0.2
Intangible Assets
9 Months Ended
Sep. 30, 2016
Intangible Assets [Abstract]  
Intangible Assets
(2)
Intangible Assets

Intangible assets consist of the following (in thousands):

   
September 30, 2016
   
December 31, 2015
 
   
Gross
carrying
value
   
Accumulated
amortization
   
Gross
carrying
value
   
Accumulated
Amortization
 
Amortizable intangible assets Licensed technology
 
$
9,608
   
$
1,021
   
$
7,156
   
$
547
 

Amortization expense related to intangible assets totaled $183,000 and $474,000 for the three and nine months ended September 30, 2016, respectively, and totaled $145,000 and $392,000 for the three and nine months ended September 30, 2015, respectively. The aggregate estimated amortization expense for intangible assets remaining as of September 30, 2016 is as follows (in thousands):
 
 
2016 
   $
203
 
2017 
   
812
 
2018 
   
812
 
2019 
   
812
 
2020
   
812
 
over 5 years 
   
5,136
 
 Total      $ 8,587