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12. Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

12.Intangible Assets

 

Intangible assets consisted of the following:

 

   Useful Life       Accumulated   Impairment     
   (in months)   Gross   Amortization   Charge   Net 
As of December 31, 2018                    
Patent   57   $2,700   $(2,700)  $   $ 
Customer Relationship   120    4,366    (1,270)   (1,295)   1,801 
        $7,066   $(3,970)  $(1,295)  $1,801 
As of December 31, 2017                         
Patent   57   $2,700   $(2,700)  $   $ 
Customer Relationship   120    4,717    (1,086)   (1,326)   2,305 
        $7,417   $(3,786)  $(1,326)  $2,305 

 

The customer relationship was mainly contributed by the acquisition of Solar Juice in May 2015. As customer relationship with clients was the key driver of the revenue for Solar Juice, which will bring further economic benefit to the Group’s business. Therefore, the customer relationship was separately identified as an intangible asset on the acquisition date. The balance is amortized over the useful life of 10 years. The Group recorded impairment loss of $nil, $nil and $1,235 on customer relationship from continuing operations, respectively, for the years ended December 31, 2018, 2017 and 2016.

 

Amortization expense for other intangible assets was $300, $302 and $467 from continuing operations for the years ended December 31, 2018, 2017 and 2016, respectively.

 

As of December 31, 2018, the estimated future amortization expense related to other intangible assets is as follows: 

 

   USD 
2019  $277 
2020   277 
2021   277 
2022   277 
2023   277 
Thereafter   416 
   $1,801