Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2020

Intangible Assets

Schedule of Intangible assets

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of March 31, 2020 were as follows (in thousands):

	Weighted Average	Gross Carrying		Accumulated
	Amortization Period	Amount		Amortization		Total
Acquired technology	10  years	$	8,163	$	(2,971)	$	5,192
Customer relationships	10  years		260		(156)		104
Trademark	5  years		60		(60)		—
		$	8,483	$	(3,187)	$	5,296

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2019 were 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)		0
		$	8,564	$	(3,025)	$	5,539

Schedule of future amortization of intangible assets

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

Remainder of 2020	$	595
2021		793
2022		793
2023		793
2024 and thereafter		2,322
Total	$	5,296