INTANGIBLE ASSETS

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets consisted of the following:



(In thousands)	June 30, 2017			December 31, 2016
Brand name and trademark (life indefinite)	$	1,510		$	1,510

Purchased technology (5-17 year lives)	$	1,497		$	1,441
Less: accumulated amortization	(1,280		)	(1,226		)
Purchased technology, net	$	217		$	215

Goodwill	$	185		$	185

With respect to our trademark and brand name, we continue to market products, release new products and product extensions and maintain and promote these trademarks and brand name in the marketplace through legal registration and such methods as advertising, medical education and trade shows. It is our belief that these trademarks and brand names will generate cash flow for an indefinite period of time. Therefore, we believe our trademarks and brand name intangible assets are not impaired. Goodwill resulted from our acquisition of Bovie Bulgaria, EOOD.

Amortization of intangible assets was $27,000 and $54,000 for the three and six months ended June 30, 2017, respectively, as compared with $27,000 and $54,000 for the three and six months ended June 30, 2016. Amortization expense is classified within selling, general and administration expenses in the consolidated statements of operations.