Note 3 - Definite-Lived Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2013

Notes

Note 3 - Definite-Lived Intangible Assets and Goodwill

Note 3 – Definite-Lived Intangible Assets and Goodwill

Definite-lived intangible assets and goodwill consisted of the following as of December 31, 2013 and 2012:

		December 31,
		2013		2012
	Weighted Avg. Amortization Period in Years	Gross Carrying Amount	Accumulated Amortization	Gross Carrying Amount	Accumulated Amortization
Class
Maintenance and legacy    customers	10	$350	$(281)	$350	$(250)
Planetarium shows	10	280	(234)	280	(212)
Total	10	$630	$(515)	$630	$(462)

Amortization expense for the years ended December 31, 2013 and 2012 was $53 and $56, respectively.

Maintenance and legacy customers and planetarium shows represent the value of definite-lived intangibles that were identified in the acquisition of Spitz, Inc. (“Spitz”) in 2006.

Estimated future amortization expense is as follows as of December 31, 2013:

	Years Ending December 31,
Class	2014	2015	2016	2017	2018
Maintenance and legacy customers	$27	$27	$15	-	-
Planetarium shows	20	14	12	-	-
Total	$47	$41	$27	-	-

Goodwill of $635 resulted from the acquisition of the Company’s wholly owned subsidiary, Spitz, and was measured as the excess of the $2,884 purchase consideration paid over the fair value of the net assets acquired. The Company has made its annual assessment of impairment of goodwill and has concluded that goodwill is not impaired as of December 31, 2013.