Intangible Assets
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Mar. 31, 2014
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Intangible Assets and Goodwill [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets |
Note 9 - Intangible Assets
Lilien Acquisition
Balances of the intangible assets that relate to the Lilien acquisition are as follows as of March 31, 2014:
The weighted average remaining amortization period for the Company’s trade names/ trademarks and customer relationships is 3.57 and 2.34 years, respectively.
Shoom Acquisition
Balances of the intangible assets that relate to the Shoom acquisition are as follows as of March 31, 2014:
The weighted average remaining amortization period for the Company’s trade names/ trademarks, customer relationships and developed technology is 0.29, 3.05 and 1.64 years, respectively.
Aggregate Amortization Expense:
Aggregate amortization expense for the three months ended March 31, 2014 was $328,035. The following table presents the Company’s estimate for total amortization expense for the year ended December 31, 2014 through 2019 and thereafter.
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