Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

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Intangible Assets
6 Months Ended
Jun. 30, 2015
Intangible Assets  
Intangible Assets

 

(5)Intangible Assets

 

At June 30, 2015, and December 31, 2014, intangibles for product formulations had a gross carrying amount of $1,763 and $1,763, accumulated amortization of $1,133 and $1,059, and a net amount of $630 and $704, respectively. The estimated useful lives of the product formulations range from 9 to 15 years.

 

Amortization expense for intangible assets for the three months ended June 30, 2015 and 2014, was $37 and $37, respectively. Amortization expense for intangible assets for the six months ended June 30, 2015, and 2014, was $74 and $74, respectively.