Intangible Assets

3 Months Ended

Mar. 31, 2013

Intangible Assets

Intangible Assets

7. Intangible Assets

Intangible assets on the Company’s condensed consolidated balance sheets consist of the following (in thousands):

ALLIED MOTION TECHNOLOGIES INC.

Unaudited notes to Condensed Consolidated Financial Statements

	March 31,2013			December 31, 2012			EstimatedLife
Amortizable intangible assets
Customer lists	$	4,291		$	4,364		8-10 years
Trade name	946			946			10 years
Design and technologies	2,551			2,626			8-10 years
Patents	24			24
Accumulated amortization	(5,534		)	(5,529		)
Total intangible assets	$	2,278		$	2,431

Amortization expense for intangible assets for the quarters ended March 31, 2013 and 2012 was $84,000 and $174,000, respectively.