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Intangible Assets
6 Months Ended
Jun. 30, 2020
Intangible Assets [Abstract]  
Intangible Assets 4. INTANGIBLE ASSETS

The following table provides a summary of the Company’s intangible assets:

June 30, 2020

December 31, 2019

Estimated Useful Life

Cost

Accumulated

Amortization

Cost

Accumulated

Amortization

Technology

3-15 years

$

11,691

$

9,108

$

11,691

$

8,131

IPR&D

126,321

126,321

Total

$

138,012

$

9,108

$

138,012

$

8,131

Amortization expense of intangible assets with definite lives was $488 and $484 for the three months ended June 30, 2020 and 2019 and $977 and $968 for the six months ended June 30, 2020 and 2019. Current and future amortization expense excludes IPR&D assets. Future amortization expense is projected as follows:

2020 (excluding the six months ended June 30, 2020)

$

845

2021

1,511

2022

18

2023

18

2024

18

2025 and thereafter

173

Total

$

2,583

The following table provides a summary of the Company’s goodwill, which is not amortized, but rather is tested annually for impairment:

Six Months Ended

Twelve Months Ended

June 30, 2020

December 31, 2019

Beginning Balance

$

234,781

$

105,257

Amounts acquired

129,524

Ending Balance

$

234,781

$

234,781