Rosetta Stone 2013 Annual Report Download - page 90
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Table of Contents
The Company computes amortization of intangible assets on a straight-line basis over the estimated useful life. Below are the weighted average remaining
useful lives of the Company's amortizing intangible assets:
Trade name / trademark
50 months
Core technology
67 months
Customer relationships
100 months
Patents
57 months
There were no impairment charges for the year ended December 31, 2013 and 2012.
Amortization expense consisted of the following (in thousands):
Included in cost of revenue:
Cost of product revenue
$ —
$ —
$ —
Cost of subscription and service revenue
244
—
—
Total included in cost of revenue
244
—
—
Included in operating expenses:
Sales and marketing
1,028
—
45
Research & development
550
40
40
General and administrative
—
—
—
Total included in operating expenses
1,578
40
85
Total
$1,822
$40
$85
The following table summarizes the estimated future amortization expense related to intangible assets as of December 31, 2013 (in thousands):
2014
$ 3,171
2015
3,087
2016
2,605
2017
2,453
2018
1,839
Thereafter
5,244
Total
$18,399
The following table summarizes other current liabilities (in thousands):
F-25