Acquired Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Acquired Intangible Assets

Acquired Intangible Assets

The following are the details of our intangible assets subject to amortization as of the dates presented:

		June 30, 2020						December 31, 2019
	Useful Lives (Years)	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
Trade names	10	$	1,040	$	(598)	$	442	$	1,040	$	(546)	$	494
Developed technology	10	2,980		(1,713)		1,267		2,980		(1,564)		1,416
Customer relationships	10	860		(495)		365		860		(452)		408
		$	4,880	$	(2,806)	$	2,074	$	4,880	$	(2,562)	$	2,318

Acquired intangible assets are amortized using the straight-line method over their estimated useful life, which approximates the expected use of these assets. Amortization expense amounted to $122 and $244 for each of the three and six months ended June 30, 2020 and 2019, respectively. We will recognize the remaining amortization expense of $2,074 over a five-year period, with the first four years recognizing expense of $488 per year and the fifth year recognizing expense of $122.