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Licenses, Patents, and Technology
12 Months Ended
Dec. 31, 2011
Licenses, Patents, and Technology
Note 4. Licenses, Patents, and Technology

 

Licenses, patents, and technology include the following at December 31:

 

    2011     2010  
    (in thousands)  
Licenses   $ 320     $ 320  
Patent costs     133       133  
LabCorp Technology Agreement     260       260  
Subtotal     713       713  
Less accumulated amortization     (713 )     (651 )
Total   $     $ 62  

 

During 2008, the Company purchased a license for certain technology for an initial total of $200,000. In addition, CCI was obligated to make future payments totaling $100,000 upon obtaining certain milestones under the agreement. As of the year ended December 31, 2011, CCI owed $64,000 on this liability. The Company has amortized the initial license over its estimated useful life of two years, and the additional payments over one year. All patent costs and technology have been fully amortized.