Note 6 – Intangible Assets

Intangible asset activity for the two years ended December 31, 2019 is detailed in the following table;



in thousands	Acquired Technology		Customer Relationships		Other		Total Intangible Assets
Net balance at December 31, 2017	$	6,946	$	22,544	$	8,398	$	37,888
Additions-Acquisition		5,900		11,800		200		17,900
Additions-Other		109		—		150		259
Impairment		—		—		(478)		(478)
Net foreign currency translation		(239)		(486)		(8)		(733)
Amortization expense		(3,921)		(3,450)		(2,003)		(9,374)
Net balance at December 31, 2018		8,795		30,408		6,259		45,462
Net foreign currency translation		120		118		(21)		217
Amortization expense		(3,461)		(3,642)		(2,367)		(9,470)
Net balance at December 31, 2019	$	5,454	$	26,884	$	3,871	$	36,209

December 31, 2019 balance at cost	$	42,647	$	39,505	$	13,710	$	95,862
Accumulated amortization		(37,193)		(12,621)		(9,839)		(59,653)
Net balance at December 31, 2019	$	5,454	$	26,884	$	3,871	$	36,209

Certain intangible assets are denominated in local currencies and are subject to currency fluctuations. Additions - Acquisitions refers to intangible assets acquired in the acquisition of Dealflo described in Note 3 – Business Acquisitions and include capitalized technology, trademarks, and customer relationships.

As a result of the Company rebranding, the values of certain intangible assets were written down during the second quarter of 2018, and impairment charges of $0.5 million were recorded for the twelve months ended December 31, 2018.

Expected amortization of the intangible assets for the years ended:


December 31, 2020	$	9,460
December 31, 2021		5,794
December 31, 2022		4,663
December 31, 2023		4,054
December 31, 2024		4,014
Thereafter		7,603
Subject to amortization		35,588
Trademarks		621
Total intangible assets	$	36,209