Intangible Assets, net

3 Months Ended

Mar. 31, 2020

Note 6

Intangible Assets, net:

Set forth below is a detailed listing of definite-lived intangible assets as of March 31, 2020:

	Balance		Accumulated Amortization			Intangible assets, net
Core technology	$	5,700	$	(2,708	)	$	2,992
Product technology		2,000		(1,900	)		100
Customer relationships		6,900		(3,277	)		3,623
Tradenames		1,500		(712	)		788
	$	16,100	$	(8,597	)	$	7,503

Related amortization expense was $452 and $453 for the three months ended March 31, 2020 and, 2019, 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, 2020.

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

Remaining 2020	$	1,158
2021		1,410
2022		1,410
2023		1,410
2024		1,410
2025		705
Total	$	7,503