Note 4 – Goodwill

Goodwill activity for the two years ended December 31, 2017 consisted of the following:


Net balance at December 31, 2015	$	80,853
eSignLive measurement period adjustments		(24,419)
Net foreign currency translation		(2,025)
Net balance at December 31, 2016	$	54,409
Additions		—
Net foreign currency translation		1,923
Net balance at December 31, 2017	$	56,332

There were no impairment losses in 2017, 2016, or 2015.

Certain portions of goodwill are denominated in local currencies and are subject to currency fluctuations.