Patents, Trademark Rights and Other Intangibles

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Patents, Trademark Rights and Other Intangibles (FASB ASC 350-30 General Intangibles Other than Goodwill)

Patents, Trademark Rights and Other Intangibles (FASB ASC 350-30 General Intangibles Other than Goodwill)

During the years ended December 31, 2013, 2012 and 2011, the Company decided not to pursue certain patents in various countries for strategic reasons and recorded abandonment charges of $176,000, $25,000 and $147,000, respectively, which are included in research and development. Amortization expense was $20,000, $15,000 and $17,000 in 2013, 2012 and 2011, respectively. The total cost of the patents was $1,193,000 and $1,131,000 as of December 31, 2013 and 2012, respectively. The accumulated amortization as of December 31, 2013 and 2012 is $113,000 and $97,000, respectively. In 2013, additions to patent costs were $242,000 and adjustments for fully amortized and abandoned patents had costs of $180,000 and accumulated amortization of $4,000. In 2012, additions to patent costs were $211,000 and adjustments for fully amortized and abandoned patents had costs of $47,000 and accumulated amortization of $22,000.

Amortization of patents and trademarks for each of the next five years is as follows: 2014 - $20,000; 2015 - $20,000; 2016 - $20,000; 2017 - $20,000 and 2018 - $20,000. No amortization expense is recognized related to patents that are pending.