Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill and Intangibles

Goodwill and Intangibles

5. Goodwill and Intangible Assets

The following table reflects intangible assets subject to amortization as of June 30, 2020:

	June 30, 2020
	Gross Carrying		Accumulated				Net Book
	Amount		Amortization		Impairment		Value
Tradename	$	163	$	(10)		—	$	153
Contractual customer relationship		1,415		(48)		—		1,367
Developed technology		1,546		(66)		—		1,480
Total	$	3,124	$	(124)	$	—	$	3,000

The net book value of intangible assets subject to amortization was zero at December 31, 2019.

We recorded amortization of intangible assets of $124,000 in the three and six months ended June 30, 2020. There was no amortization of intangible assets for the three and six months ended June 30, 2019.

The weighted average remaining life of our intangible assets on June 30, 2020 was 4.4 years.

As of June 30, 2020, estimated remaining intangible asset amortization expense is as follows (in thousands):

Year
2020	$	362
2021		724
2022		724
2023		687
2024		412
Thereafter		91
Total	$	3,000

At June 30, 2020 and December 31, 2019, the carrying value of goodwill was as follows (in thousands):

Balance, December 31, 2019	$	5,475
Additions		2,932
Balance, June 30, 2020	$	8,407