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Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

4.	Goodwill and Intangible Assets

As described in Note 1 - The Company and Summary of Significant Accounting Principles, the Company changed its reportable segments during the first quarter of 2019. Goodwill was assigned to the new reportable segments on the relative fair value basis.

The changes in the carrying amount of Goodwill for the three months ended March 31, 2019 are as follows (in thousands):

	Software & Services		Portal & Advertising		Total
Balance as of December 31, 2018	$	11,318	$	4,623	$	15,941
Effect of foreign currency translation		3		—		3
Balance as of March 31, 2019	$	11,321	$	4,623	$	15,944

There were no goodwill impairment losses recorded during the three months ending March 31, 2019, and the Company has no accumulated impairment losses.

Intangible assets consisted of the following (in thousands):

	March 31, 2019			December 31, 2018
Customer and publisher relationships	$	14,780		$	14,780
Technology		2,330			2,330
Trademark		300			300
		17,410			17,410
Less accumulated amortization		(7,393	)		(6,857	)
Intangible assets, net	$	10,017		$	10,553

Amortization of intangible assets totaled $0.5 million for the three months ended March 31, 2019 and 2018. Based on acquired intangible assets recorded at March 31, 2019, amortization is expected to be $1.6 million for the remainder of 2019, $2.0 million in 2020, $1.4 million in 2021, $1.3 million in 2022, and $1.3 million in 2023.