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Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Other Intangible Assets  
Summary of identifiable intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

    

Weighted Average Useful Life (years)

    

Gross Carrying Amount

    

Accumulated Amortization

    

Net Book Value

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

10.0

 

$

14,362

 

$

(1,496)

 

$

12,866

Trademarks/Tradenames

 

10.0

 

 

2,045

 

 

(381)

 

 

1,664

Covenant not to compete

 

3.0

 

 

76

 

 

(65)

 

 

11

 

 

10.0

 

 

16,483

 

 

(1,942)

 

 

14,541

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

indefinite

 

 

14,133

 

 

 —

 

 

14,133

Total

 

 

 

$

30,616

 

$

(1,942)

 

$

28,674

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

    

Weighted Average Useful Life (years)

    

Gross Carrying Amount

    

Accumulated Amortization

    

Net Book Value

Finite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

10.0

 

$

14,362

 

$

(60)

 

$

14,302

Trademarks/Tradenames

 

10.0

 

 

2,045

 

 

(177)

 

 

1,868

Covenant not to compete

 

3.0

 

 

76

 

 

(40)

 

 

36

 

 

10.0

 

 

16,483

 

 

(277)

 

 

16,206

Indefinite-lived intangible assets:

 

 

 

 

 

 

 

 

 

 

 

In-process research and development

 

indefinite

 

 

20,721

 

 

 —

 

 

20,721

Total

 

 

 

$

37,204

 

$

(277)

 

$

36,927

 

Schedule of gross amount and accumulated impairment loss of indefinite-lived intangible assets

The gross amount and accumulated impairment loss of indefinite-lived intangible assets are as follows (in thousands):

 

 

 

 

 

 

 

 

 

December 31,

 

 

2019

 

2018

Gross amount

 

$

20,721

 

$

20,721

Accumulated impairment loss

 

 

(6,588)

 

 

 —

Indefinite-lived intangible assets, net

 

$

14,133

 

$

20,721

 

Schedule of future amortization of Finite-Lived intangible assets

 

 

 

 

Year ending December 31, 

    

 

    

2020

 

$

1,651

2021

 

 

1,641

2022

 

 

1,641

2023

 

 

1,641

2024

 

 

1,641

Thereafter

 

 

6,326

 

 

$

14,541