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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

6. Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the six months ended June 30, 2020 were as follows (in thousands):

    

    

Software and

    

TASER

Sensors

Total

Balance, beginning of period

$

1,354

$

23,659

$

25,013

Foreign currency translation adjustments

 

(54)

 

(54)

 

(108)

Balance, end of period

$

1,300

$

23,605

$

24,905

Intangible assets (other than goodwill) consisted of the following (in thousands):

June 30, 2020

December 31, 2019

    

    

Gross

    

    

Net

    

Gross

    

    

Net

Useful

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Life

Amount

Amortization

Amount

Amount

Amortization

Amount

Amortizable (definite-lived) intangible assets:

 

  

 

  

 

  

 

  

 

  

Domain names

 

510 years

$

3,161

$

(1,187)

$

1,974

$

3,161

$

(1,035)

$

2,126

Issued patents

 

525 years

 

3,142

 

(1,453)

 

1,689

 

3,271

 

(1,339)

 

1,932

Issued trademarks

 

315 years

 

1,164

 

(551)

 

613

 

1,166

 

(678)

 

488

Customer relationships

 

48 years

 

3,672

 

(1,635)

 

2,037

 

3,721

 

(1,416)

 

2,305

Non-compete agreements

 

34 years

 

448

 

(411)

 

37

 

450

 

(404)

 

46

Developed technology

 

35 years

 

10,660

 

(7,621)

 

3,039

 

10,660

 

(6,528)

 

4,132

Re-acquired distribution rights

 

2 years

 

1,966

 

(1,966)

 

 

2,009

 

(2,009)

 

Total amortizable

 

  

 

24,213

 

(14,824)

 

9,389

 

24,438

 

(13,409)

 

11,029

Non-amortizable (indefinite-lived) intangible assets:

 

  

 

  

 

  

 

  

 

  

TASER trademark

 

  

 

900

 

  

 

900

 

900

 

  

 

900

Patents and trademarks pending

 

  

 

857

 

  

 

857

 

842

 

  

 

842

Total non-amortizable

 

  

 

1,757

 

  

 

1,757

 

1,742

 

  

 

1,742

Total intangible assets

 

  

$

25,970

$

(14,824)

$

11,146

$

26,180

$

(13,409)

$

12,771

Amortization expense of intangible assets for the three and six months ended June 30, 2020 was $0.8 million and $1.7 million, respectively. Amortization expense of intangible assets for the three and six months ended June 30, 2019 was $0.9 million and $1.9 million, respectively. Estimated amortization for intangible assets with definite lives for the remaining six months of 2020, the next five years ended December 31, and thereafter, is as follows (in thousands):

2020 remaining

    

$

1,655

2021

 

2,864

2022

 

1,264

2023

 

971

2024

 

891

2025

 

623

Thereafter

 

1,121

Total

$

9,389