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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill

The gross carrying amount of goodwill was as follows (in thousands):

 

Balance at December 31, 2018

 

$

8,334

 

Foreign currency translation adjustment

 

 

(166

)

Balance at March 31, 2019

 

$

8,168

 

 

Schedule of Intangible Assets

The gross carrying amounts and net book value of intangible assets were as follows (in thousands):

 

 

 

March 31, 2019

 

 

 

Gross Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

License agreement

 

$

11,094

 

 

$

1,895

 

 

$

9,199

 

Total intangible assets with finite lives

 

 

11,094

 

 

 

1,895

 

 

 

9,199

 

Acquired IPR&D assets

 

 

15,300

 

 

 

 

 

 

15,300

 

Total intangible assets

 

$

26,394

 

 

$

1,895

 

 

$

24,499

 

 

 

 

December 31, 2018

 

 

 

Gross Carrying

Amount

 

 

Impairment

 

(1)

Accumulated Amortization

 

 

Net Book Value

 

Intangible assets with finite lives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

License agreement

 

$

11,318

 

 

$

 

 

$

1,792

 

 

$

9,526

 

Total intangible assets with finite lives

 

 

11,318

 

 

 

 

 

 

1,792

 

 

 

9,526

 

Acquired IPR&D assets

 

 

19,626

 

 

 

4,017

 

 

 

 

 

 

15,609

 

Total intangible assets

 

$

30,944

 

 

$

4,017

 

 

$

1,792

 

 

$

25,135

 

(1)

The amount includes effects of foreign currency exchange rates.

 

Schedule of Finite-Lived Intangible Assets Estimated Future Amortization Expense Based on finite-lived intangible assets recorded as of March 31, 2019, the estimated future amortization expense for the next five years is as follows (in thousands):

 

Year Ending December 31,

 

Estimated

Amortization

Expense

 

2019 (remaining nine months)

 

$

416

 

2020

 

 

555

 

2021

 

 

555

 

2022

 

 

555

 

2023

 

 

555

 

2024

 

 

555