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Intangible Assets, net
3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net
Intangible Assets, net
The Company’s definite-lived intangible assets as of March 31, 2020 and December 31, 2019 consisted of the following:
 
March 31,
2020
 
December 31,
2019
Customer relationships
$
52,000

 
$
52,000

Developed technologies
32,000

 
32,000

Trade name
3,000

 
3,000

 
87,000

 
87,000

Less: Accumulated amortization
(37,162
)
 
(35,152
)
Intangible assets, net
$
49,838

 
$
51,848



Amortization of definite-lived intangible assets is provided over their estimated useful lives on a straight-line basis or the pattern in which economic benefits are consumed, if reliably determinable. The Company reviews its definite-lived intangible assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Amortization expense from continuing operations for the three months ended March 31, 2020 and 2019 was $2,010 and $2,287, respectively.

During the three months ended June 30, 2019, the Company identified an indicator of impairment with respect to the NantHealth Labs, Inc. definite-lived intangible assets given the decline in sales and the Company's decision to cease commercial sales of its liquid biopsy test offering to focus on performing a study to measure the clinical utility of the AR-V7 analyte for informing treatment in patients with castration-resistant prostate cancer. Although the Company will continue this study while also pursuing other strategically aligned clinical studies that support its liquid biopsy platform, the Company determined that the assets were not recoverable given the significant amount of costs required to further build evidence of clinical utility while also ceasing commercial sales of the Liquid GPS product. Therefore, the Company fully impaired the intangible assets as of June 30, 2019 and recorded an impairment loss of $3,977 within operating expenses.

The estimated future amortization expense over the next five years and thereafter for the intangible assets that exist as of March 31, 2020 is as follows:
 
Amounts
Remainder of 2020
$
6,029

2021
8,038

2022
8,038

2023
3,467

2024
3,467

2025
3,467

Thereafter
17,332

Total future intangible amortization expense
$
49,838