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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Activity in Goodwill

The following table summarizes the activity in goodwill (in thousands):

 

 

 

Identity

 

 

Premises

 

 

Total

 

Balance at December 31, 2020

 

$

3,554

 

 

$

6,712

 

 

$

10,266

 

Currency translation adjustment

 

 

 

 

 

33

 

 

 

33

 

Balance at June 30, 2021

 

$

3,554

 

 

$

6,745

 

 

$

10,299

 

Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions

The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands):

 

 

 

 

 

 

 

Developed

 

 

Customer

 

 

 

 

 

 

 

Trademarks

 

 

Technology

 

 

Relationships

 

 

Total

 

Amortization period (in years)

 

5

 

 

10 – 12

 

 

4 – 12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at June 30, 2021

 

$

767

 

 

$

9,132

 

 

$

15,794

 

 

$

25,693

 

Accumulated amortization

 

 

(458

)

 

 

(5,992

)

 

 

(12,207

)

 

 

(18,657

)

Intangible assets, net at June 30, 2021

 

$

309

 

 

$

3,140

 

 

$

3,587

 

 

$

7,036

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount at December 31, 2020

 

$

765

 

 

$

9,123

 

 

$

15,771

 

 

$

25,659

 

Accumulated amortization

 

 

(382

)

 

 

(5,773

)

 

 

(11,941

)

 

 

(18,096

)

Intangible assets, net at December 31, 2020

 

$

383

 

 

$

3,350

 

 

$

3,830

 

 

$

7,563

 

Amortization Expense Included in Unaudited Condensed Consolidated Statements of Operations

The following table summarizes the amortization expense included in the unaudited condensed consolidated statements of comprehensive income (loss) for the three and six months ended June 30, 2021 and 2020, respectively (in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenue

 

$

114

 

 

$

222

 

 

$

226

 

 

$

446

 

Selling and marketing

 

 

168

 

 

 

417

 

 

 

335

 

 

 

835

 

Total

 

$

282

 

 

$

639

 

 

$

561

 

 

$

1,281

 

 

Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives

The estimated annual future amortization expense for purchased intangible assets with definite lives as of June 30, 2021 was as follows (in thousands):

 

2021 (remaining six months)

 

$

562

 

2022

 

 

1,125

 

2023

 

 

1,048

 

2024

 

 

971

 

2025

 

 

971

 

Thereafter

 

 

2,359

 

Total

 

$

7,036