Annual report pursuant to Section 13 and 15(d)

Intangible assets, net

v3.6.0.2
Intangible assets, net
 12 Months Ended
Dec. 31, 2016
Intangible assets, net  
Intangible assets, net

Note 6 — Intangible assets, net

 

Intangible assets, net consisted of the following (in thousands):

 

 

December 31,
2016

 

December 31,
2015

 

June 30,
2015

 

 

 

 

 

 

 

 

 

Acquired software licenses

 

$
1,310

 

$
399

 

$
208

 

Licensed IP rights — completed technology

 
183

 

—

 

—

 

 

 

 

 

 

 

 

 

 

 
1,493

 
399

 
208

 

Less accumulated amortization

 
(225

)
(94

)
(30

)

 

 

 

 

 

 

 

 

 

 

$
1,268

 

$
305

 

$
178

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortization expense was $160,000, $69,000, $30,000 and $nil for the year ended December 31, 2016, six months ended December 31, 2015 and the years ended June 30, 2015 and 2014, respectively. The estimated aggregate amortization expense in respect of these assets for each of the five years ended 2021 is $331,000, $387,000,$349,000, $116,000 and $22,000, respectively.