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Goodwill and Intangible Assets
9 Months Ended
Sep. 30, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

4. Goodwill and Intangible Assets

The goodwill activity for the nine months ended September 30, 2019 consisted of the following:

 

Balance at December 31, 2018

 

$

1,943

 

Foreign currency translation adjustments

 

 

(75

)

Balance at September 30, 2019

 

$

1,868

 

 

Intangible assets consisted of the following as of the dates presented:

 

 

 

 

 

September 30,

 

 

December 31,

 

 

 

Estimated Useful Life

 

2019

 

 

2018

 

Developed technology

 

5 to 6 years

 

$

9,910

 

 

$

9,910

 

Customer relationships

 

4 years

 

 

 

 

 

2,080

 

Total intangible assets

 

 

 

 

9,910

 

 

 

11,990

 

Less: accumulated amortization

 

 

 

 

(9,440

)

 

 

(10,052

)

Intangible assets, net

 

 

 

$

470

 

 

$

1,938

 

 

Customer relationships were fully amortized as of September 30, 2019. Amortization of intangible assets was $468 and $598 for the three months ended September 30, 2019 and 2018, respectively, and $1,468 and $1,939 for the nine months ended September 30, 2019 and 2018, respectively.

Future estimated amortization of intangible assets as of September 30, 2019, is presented below:

 

Remaining three months of 2019

 

$

375

 

Year ending December 31, 2020

 

 

95

 

Total

 

$

470