Intangible Assets, net

3 Months Ended

Mar. 31, 2019

Note 6

Intangible Assets, net:

Set forth below is a detailed listing of definite-lived intangible assets as of March 31, 2019:

	Balance		Accumulated Amortization			Intangible assets, net

Core technology	$	5,700	$	(2,138	)	$	3,562
Product technology		2,000		(1,500	)		500
Customer relationships		6,900		(2,587	)		4,313
Tradenames		1,500		(563	)		937
	$	16,100	$	(6,788	)	$	9,312

Related amortization expense was $453 and $477 for the three months ended March 31, 2019 and 2018, respectively.

Definite-lived intangible assets are tested for impairment when events or changes in circumstances indicate that the carrying value of the asset group may not be recoverable. The Company recognizes an impairment loss when and to the extent that the recoverable amount of an asset group is less than its carrying value. There were no impairment charges for the three months ended March 31, 2019.

During the three months ended March 31, 2018, the Company wrote off distribution rights of $286 and accumulated amortization of $60 related to the discontinuance of the Nordlys product line. The net value written off of $226 was recorded in selling and marketing expense.

Estimated amortization expense for the above amortizable intangible assets for future periods is as follows:

Remaining 2019	$	1,357
2020		1,610
2021		1,410
2022		1,410
2023		1,410
Thereafter		2,115
Total	$	9,312