Intangible Assets, Net and Goodwill (Notes)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net and Goodwill

Intangible Assets, Net and Goodwill

The following table presents details of purchased intangible assets as of March 31, 2020 and December 31, 2019:

	March 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Remaining Weighted Average Useful Life
	(unaudited)
	(in thousands)							(in years)
Intangible assets subject to amortization:
Acquired license	$	11,886	$	(499	)	$	11,387	10.6
Non-compete agreements and other covenant rights	5,100		(406		)	4,694		5.6
Total intangible assets subject to amortization	16,986		(905		)	16,081
Intangible assets not subject to amortization:
IPR&D	1,600		—			1,600
Goodwill	3,290		—			3,290
Total purchased intangible assets	$	21,876	$	(905	)	$	20,971

	December 31, 2019
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Remaining Weighted Average Useful Life
	(in thousands)							(in years)
Intangible assets subject to amortization:
Acquired license	$	5,100	$	(373	)	$	4,727	9.5
Non-compete agreements	2,500		(303		)	2,197		5.5
Total intangible assets subject to amortization	7,600		(676		)	6,924
Intangible assets not subject to amortization:
IPR&D	1,600		—			1,600
Goodwill	3,290		—			3,290
Total purchased intangible assets	$	12,490	$	(676	)	$	11,814

Amortization of finite-lived intangible assets was $229,000 for the three months ended March 31, 2020. No amortization of finite-lived intangible assets was recorded for the three months ended March 31, 2019.

The following table summarizes estimated future amortization expense of finite-lived intangible assets:

Year Ending December 31,
	(unaudited)
	(in thousands)
Remainder of 2020	$	1,496
2021	1,909
2022	1,909
2023	1,910
2024	1,915
2025 and thereafter	6,942
Total	$	16,081