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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]
3. Goodwill and Intangible Assets
 
The changes in the carrying amount of goodwill for the three months ended March 31, 2016 and March 31, 2015 were as follows (in thousands):
 
Balance as of January 1, 2016
 
$
1,476
 
Foreign currency translation adjustment
 
 
55
 
Balance as of March 31, 2016
 
$
1,531
 
 
Balance as of January 1, 2015
 
$
1,635
 
Foreign currency translation adjustment
 
 
(83)
 
Balance as of March 31, 2015
 
$
1,552
 
 
Information regarding the Company’s acquisition-related intangible assets is as follows (in thousands):
 
 
 
Developed
technology
 
Customer
relationships
 
Trademarks
and
tradenames
 
Patents
 
Total
 
Gross carrying amounts:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2016
 
$
1,978
 
$
2,036
 
$
555
 
$
41
 
$
4,610
 
Foreign currency translation
 
 
137
 
 
141
 
 
17
 
 
4
 
 
299
 
Balance as of March 31, 2016
 
$
2,115
 
$
2,177
 
$
572
 
$
45
 
$
4,909
 
 
 
 
Developed
technology
 
Customer
relationships
 
Trademarks
and
tradenames
 
Patents
 
Total
 
Gross carrying amounts:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2015
 
$
2,371
 
$
2,439
 
$
596
 
$
50
 
$
5,456
 
Foreign currency translation
 
 
(206)
 
 
(211)
 
 
(19)
 
 
(4)
 
 
(440)
 
Balance as of March 31, 2015
 
$
2,165
 
$
2,228
 
$
577
 
$
46
 
$
5,016
 
 
 
 
Developed
technology
 
Customer
relationships
 
Trademarks
and
tradenames
 
Patents
 
Total
 
Accumulated amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2016
 
$
280
 
$
240
 
$
98
 
$
5
 
$
623
 
Amortization expense
 
 
49
 
 
42
 
 
22
 
 
2
 
 
115
 
Foreign currency translation
 
 
24
 
 
20
 
 
2
 
 
1
 
 
47
 
Balance as of March 31, 2016
 
$
353
 
$
302
 
$
122
 
$
8
 
$
785
 
 
 
 
Developed
technology
 
Customer
relationships
 
Trademarks
and
tradenames
 
Patents
 
Total
 
Accumulated amortization:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance as of January 1, 2015
 
$
99
 
$
85
 
$
11
 
$
-
 
$
195
 
Amortization expense
 
 
57
 
 
49
 
 
23
 
 
-
 
 
129
 
Foreign currency translation
 
 
(12)
 
 
(10)
 
 
(1)
 
 
-
 
 
(23)
 
Balance as of March 31, 2015
 
$
144
 
$
124
 
$
33
 
$
-
 
$
301
 
 
Amortization expense relating to acquisition-related intangible assets was $ $0.1 million for the three months ended March 31, 2016 and 2015, respectively.
 
Developed technology, customer relationships, trademarks and trade names are amortized over the estimated useful life of 10 years, 12 years and 5-10 years, respectively.
 
Estimated annual amortization expense for intangible assets subsequent to March 31, 2016 is as follows (in thousands):
 
Year
 
Amortization
 
2016
 
$
487
 
2017
 
$
487
 
2018
 
$
487
 
2019
 
$
472
 
2020
 
$
422
 
Thereafter
 
$
1,769
 
 
 
$
4,124