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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Intangible Assets  
Schedule of Intangible assets

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2019 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross Carrying

 

Accumulated

 

 

 

 

 

Amortization Period

 

Amount

 

Amortization

 

Total

Acquired technology

 

10  years 

 

$

8,244

 

$

(2,815)

 

$

5,429

Customer relationships

 

10  years 

 

 

260

 

 

(150)

 

 

110

Trademark

 

5  years 

 

 

60

 

 

(60)

 

 

 —

 

 

 

 

$

8,564

 

$

(3,025)

 

$

5,539

 

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2018 are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted Average

 

Gross Carrying

 

Accumulated

 

 

 

 

 

Amortization Period

 

Amount

 

Amortization

 

Total

Acquired technology

 

9  years 

 

$

5,926

 

$

(2,176)

 

$

3,750

Customer relationships

 

10  years 

 

 

260

 

 

(123)

 

 

137

Trademark

 

5  years 

 

 

60

 

 

(57)

 

 

 3

 

 

 

 

$

6,246

 

$

(2,356)

 

$

3,890

 

Schedule of future amortization of intangible assets

Estimated amortization expense for subsequent years is as follows (in thousands):

 

 

 

 

 

2020

 

 

801

2021

 

 

801

2022

 

 

801

2023

 

 

801

2024 and thereafter

 

 

2,335

Total

 

$

5,539