Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Carrying Value of Goodwill

The following table reflects the carrying value of goodwill (in thousands):

	Carrying Value
Balance as of December 31, 2019	$	74,116
Adjustments (1)		(1,058	)
Balance as of September 30, 2020	$	73,058

(1) Working capital adjustment pursuant to the dataxu acquisition.

Summary of Intangible Assets

The following table is the summary of Company’s intangible assets (in thousands):

	As of September 30, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Useful Lives (in years)
Developed technology	$	62,367	$	(10,793	)	$	51,574	5.9
Customer relationships		13,400		(3,071	)		10,329	4.0
Tradename		400		(400	)		-	0.5
Patents		4,076		(242	)		3,834	14.0
Intangible assets	$	80,243	$	(14,506	)	$	65,737
	As of December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted-Average Useful Lives (in years)
Developed technology	$	62,367	$	(2,860	)	$	59,507	5.9
Customer relationships		13,400		(558	)		12,842	4.0
Tradename		400		(133	)		267	0.5
Patents		4,076		(24	)		4,052	14.0
Intangible assets	$	80,243	$	(3,575	)	$	76,668

Schedule of Estimated Future Amortization Expense for Intangible Assets

The estimated future amortization expense for intangible assets for the next five years and thereafter is as follows (in thousands):

Year Ending December 31,
2020 (remaining 3 months)	$	3,555
2021		14,036
2022		13,666
2023		13,108
2024		10,316
Thereafter		11,056
Total	$	65,737