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Note 6 - Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]

6.

Goodwill and Intangible Assets


Management evaluates goodwill for impairment on an annual basis (fourth quarter), and no impairment charge was identified for the years presented.


Definite-lived intangible assets, consisting of patents and trademarks, are amortized over their useful lives. Intangible assets consisted of the following:


   

December 31, 2014

   

December 31, 2013

 
   

Weighted Average Amortization Period (Years)

   

Gross Carrying Amount

   

Accumulated Amortization

   

Net Carrying Amount

   

Weighted Average Amortization Period (Years)

   

Gross Carrying Amount

   

Accumulated Amortization

   

Net Carrying Amount

 

Patents and Trademarks

    5.0     $ 474,000     $ (403,000 )   $ 71,000       6.0     $ 474,000     $ (382,000 )   $ 92,000  

Amortization expense for intangible assets was $20,000 and $22,000 for the years ended December 31, 2014 and 2013, respectively. 


Estimated future amortization expense related to definite-lived intangible assets is as follows:


Years ending December 31,        

2015

  $ 20,000  

2016

    18,000  

2017

    11,000  

2018

    6,000  

2019

    4,000  

Thereafter

    12,000  
    $ 71,000