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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2018
Disclosure Text Block  
Goodwill and Intangible Assets

5. GOODWILL AND INTANGIBLE ASSETS

Goodwill was $119,656 as of June 30, 2018 and December 31, 2017.

Identifiable intangible assets consisted of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2018

 

December 31, 2017

 

    

Gross

    

Accumulated

    

Carrying

    

Gross

    

Accumulated

    

Carrying

 

 

Amount

 

Amortization

 

Value

 

Amount

 

Amortization

 

Value

License agreement

 

$

150

 

$

(120)

 

$

30

 

$

150

 

$

(113)

 

$

37

Developed technology

 

 

7,301

 

 

(4,075)

 

 

3,226

 

 

7,301

 

 

(3,344)

 

 

3,957

Trade name

 

 

440

 

 

(386)

 

 

54

 

 

440

 

 

(342)

 

 

98

Customer relationships

 

 

2,950

 

 

(2,950)

 

 

 —

 

 

2,950

 

 

(2,950)

 

 

 —

 

 

$

10,841

 

$

(7,531)

 

$

3,310

 

$

10,841

 

$

(6,749)

 

$

4,092

 

For both three months ended June 30, 2018 and 2017, amortization expense related to intangible assets was $391.

For both six months ended June 30, 2018 and 2017, amortization expense related to intangible assets was $782.

Estimated future amortization expense of the identifiable intangible assets as of June 30, 2018 is as follows:

 

 

 

 

Year Ending December 31,

    

 

 

2018 (remaining six months)

 

$

781

2019

 

 

1,130

2020

 

 

1,015

2021

 

 

384

 

 

$

3,310