Patents and Licensed Technologies, net

6 Months Ended

Jun. 30, 2012

Patents and Licensed Technologies, net [Abstract]

Patents and Licensed Technologies, net

Note 5

Patents and Licensed Technologies, net:

	June 30, 2012									December 31, 2011
	(unaudited)
	Gross Amount		Accumulated Amortization			Net Book Value		Gross Amount		Accumulated Amortization			Net Book Value
Patents	$	15,217	$	(1,704	)	$	13,513	$	15,124	$	(689	)	$	14,435

Related amortization expense was $1,015 and $55 for the six months ended June 30, 2012 and 2011, respectively. An amount of $13,500, included in Patents, represents product and core technologies recorded as part of the purchase price allocation done in connection with the reverse acquisition in order to set the Pre-merged PhotoMedex assets to their respective fair values.

Estimated amortization expense for amortizable patents and licensed technologies assets for the next five years is as follows:

Last six months of 2012	$	1,046
2013		2,035
2014		2,035
2015		2,028
2016		1,980
Thereafter		4,389
Total	$	13,513