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Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 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 three months ended March 31, 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

​

 

(130)

​

 

(131)

​

 

(261)

Balance, end of period

​

$

1,224

​

$

23,528

​

$

24,752

​

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

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

March 31, 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

 

5‑10 years

​

$

3,161

​

$

(1,111)

​

$

2,050

​

$

3,161

​

$

(1,035)

​

$

2,126

Issued patents

 

5‑25 years

​

 

3,175

​

 

(1,397)

​

 

1,778

​

 

3,271

​

 

(1,339)

​

 

1,932

Issued trademarks

 

3‑15 years

​

 

1,164

​

 

(553)

​

 

611

​

 

1,166

​

 

(678)

​

 

488

Customer relationships

 

4‑8 years

​

 

3,636

​

 

(1,497)

​

 

2,139

​

 

3,721

​

 

(1,416)

​

 

2,305

Non-compete agreements

 

3‑4 years

​

 

439

​

 

(398)

​

 

41

​

 

450

​

 

(404)

​

 

46

Developed technology

 

3‑5 years

​

 

10,660

​

 

(7,074)

​

 

3,586

​

 

10,660

​

 

(6,528)

​

 

4,132

Re-acquired distribution rights

 

2 years

​

 

1,765

​

 

(1,765)

​

 

—

​

 

2,009

​

 

(2,009)

​

 

—

Total amortizable

 

  

​

 

24,000

​

 

(13,795)

​

 

10,205

​

 

24,438

​

 

(13,409)

​

 

11,029

Non-amortizable (indefinite-lived) intangible assets:

 

  

​

 

  

​

 

  

​

 

  

​

 

  

TASER trademark

 

  

​

 

900

​

 

  

​

 

900

​

 

900

​

 

  

​

 

900

Patents and trademarks pending

 

  

​

 

824

​

 

  

​

 

824

​

 

842

​

 

  

​

 

842

Total non-amortizable

 

  

​

 

1,724

​

 

  

​

 

1,724

​

 

1,742

​

 

  

​

 

1,742

Total intangible assets

 

  

​

$

25,724

​

$

(13,795)

​

$

11,929

​

$

26,180

​

$

(13,409)

​

$

12,771

​

Amortization expense of intangible assets for the three months ended March 31, 2020 and 2019 was $0.8 million and $1.0 million, respectively. Estimated amortization for intangible assets with definite lives for the remaining nine months of 2020, the next five years ended December 31, and thereafter, is as follows (in thousands):

​

​

​

​

​

2020

    

$

2,476

2021

​

 

2,854

2022

​

 

1,258

2023

​

 

971

2024

​

 

890

2025

​

 

623

Thereafter

​

 

1,133

Total

​

$

10,205

​