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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):

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​

​

​

​

​

​

​

​

​

​

​

    

​

​

    

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):

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2020

​

December 31, 2019

​

    

​

    

Gross

    

​

​

    

Net

    

Gross

    

​

​

    

Net

​

​

Useful

​

Carrying

​

Accumulated

​

Carrying

​

Carrying

​

Accumulated

​

Carrying

​

​

Life

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Amount

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Amortization

​

Amount

​

Amount

​

Amortization

​

Amount

Amortizable (definite-lived) intangible assets:

 

​

  

 

​

  

 

​

  

 

​

  

 

​

  

Domain names

 

5‑10 years

​

$

3,161

​

$

(1,187)

​

$

1,974

​

$

3,161

​

$

(1,035)

​

$

2,126

Issued patents

 

5‑25 years

​

 

3,142

​

 

(1,453)

​

 

1,689

​

 

3,271

​

 

(1,339)

​

 

1,932

Issued trademarks

 

3‑15 years

​

 

1,164

​

 

(551)

​

 

613

​

 

1,166

​

 

(678)

​

 

488

Customer relationships

 

4‑8 years

​

 

3,672

​

 

(1,635)

​

 

2,037

​

 

3,721

​

 

(1,416)

​

 

2,305

Non-compete agreements

 

3‑4 years

​

 

448

​

 

(411)

​

 

37

​

 

450

​

 

(404)

​

 

46

Developed technology

 

3‑5 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):

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​

​

​

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2020 remaining

    

$

1,655

2021

​

 

2,864

2022

​

 

1,264

2023

​

 

971

2024

​

 

891

2025

​

 

623

Thereafter

​

 

1,121

Total

​

$

9,389

​