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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

7. Goodwill and Intangible Assets

The changes in the carrying amount of goodwill for the nine months ended September 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

​

 

—

​

 

(1)

​

 

(1)

Balance, end of period

​

$

1,354

​

$

23,658

​

$

25,012

​

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

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​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

September 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

​

$

(1,263)

​

$

1,898

​

$

3,161

​

$

(1,035)

​

$

2,126

Issued patents

 

5‑25 years

​

 

3,216

​

 

(1,510)

​

 

1,706

​

 

3,271

​

 

(1,339)

​

 

1,932

Issued trademarks

 

3‑15 years

​

 

1,200

​

 

(573)

​

 

627

​

 

1,166

​

 

(678)

​

 

488

Customer relationships

 

4‑8 years

​

 

3,712

​

 

(1,784)

​

 

1,928

​

 

3,721

​

 

(1,416)

​

 

2,305

Non-compete agreements

 

3‑4 years

​

 

452

​

 

(419)

​

 

33

​

 

450

​

 

(404)

​

 

46

Developed technology

 

3‑5 years

​

 

10,660

​

 

(8,167)

​

 

2,493

​

 

10,660

​

 

(6,528)

​

 

4,132

Re-acquired distribution rights

 

2 years

​

 

2,042

​

 

(2,042)

​

 

—

​

 

2,009

​

 

(2,009)

​

 

—

Total amortizable

 

  

​

 

24,443

​

 

(15,758)

​

 

8,685

​

 

24,438

​

 

(13,409)

​

 

11,029

Non-amortizable (indefinite-lived) intangible assets:

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER trademark

 

  

​

 

900

​

 

  

​

 

900

​

 

900

​

 

  

​

 

900

Patents and trademarks pending

 

  

​

 

675

​

 

  

​

 

675

​

 

842

​

 

  

​

 

842

Total non-amortizable

 

  

​

 

1,575

​

 

  

​

 

1,575

​

 

1,742

​

 

  

​

 

1,742

Total intangible assets

 

  

​

$

26,018

​

$

(15,758)

​

$

10,260

​

$

26,180

​

$

(13,409)

​

$

12,771

​

Amortization expense of intangible assets for the three and nine months ended September 30, 2020 was $0.8 million and $2.5 million, respectively. Amortization expense of intangible assets for the three and nine months ended September 30, 2019 was $0.8 million and $2.7 million, respectively. Estimated amortization for intangible assets with definite lives for the remaining three months of 2020, the next five years ended December 31, and thereafter, is as follows (in thousands):

​

​

​

​

​

2020 remaining

    

$

831

2021

​

 

2,879

2022

​

 

1,277

2023

​

 

982

2024

​

 

899

2025

​

 

632

Thereafter

​

 

1,185

Total

​

$

8,685

​