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Intangible Assets, Net and Goodwill (Tables)
6 Months Ended
Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following table presents details of purchased intangible assets as of June 30, 2020 and December 31, 2019:
June 30, 2020
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountRemaining Weighted Average Useful Life
(unaudited)
(in thousands)(in years)
Intangible assets subject to amortization:
Acquired license$11,886  $(809) $11,077  10.3
Non-compete agreements and other covenant rights
5,100  (629) 4,471  5.4
Total intangible assets subject to amortization
16,986  (1,438) 15,548  
Intangible assets not subject to amortization:
IPR&D1,600  —  1,600  
Goodwill3,290  —  3,290  
Total purchased intangible assets
$21,876  $(1,438) $20,438  
December 31, 2019
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountRemaining Weighted Average Useful Life
(in thousands)(in years)
Intangible assets subject to amortization:
Acquired license$5,100  $(373) $4,727  9.5
Non-compete agreements2,500  (303) 2,197  5.5
Total intangible assets subject to amortization
7,600  (676) 6,924  
Intangible assets not subject to amortization:
IPR&D1,600  —  1,600  
Goodwill3,290  —  3,290  
Total purchased intangible assets
$12,490  $(676) $11,814  
Schedule of Indefinite-Lived Intangible Assets
The following table presents details of purchased intangible assets as of June 30, 2020 and December 31, 2019:
June 30, 2020
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountRemaining Weighted Average Useful Life
(unaudited)
(in thousands)(in years)
Intangible assets subject to amortization:
Acquired license$11,886  $(809) $11,077  10.3
Non-compete agreements and other covenant rights
5,100  (629) 4,471  5.4
Total intangible assets subject to amortization
16,986  (1,438) 15,548  
Intangible assets not subject to amortization:
IPR&D1,600  —  1,600  
Goodwill3,290  —  3,290  
Total purchased intangible assets
$21,876  $(1,438) $20,438  
December 31, 2019
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountRemaining Weighted Average Useful Life
(in thousands)(in years)
Intangible assets subject to amortization:
Acquired license$5,100  $(373) $4,727  9.5
Non-compete agreements2,500  (303) 2,197  5.5
Total intangible assets subject to amortization
7,600  (676) 6,924  
Intangible assets not subject to amortization:
IPR&D1,600  —  1,600  
Goodwill3,290  —  3,290  
Total purchased intangible assets
$12,490  $(676) $11,814  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The following table summarizes estimated future amortization expense of finite-lived intangible assets:
Year Ending December 31,
(unaudited)
(in thousands)
Remainder of 2020$994  
20211,947  
20221,947  
20231,947  
20241,953  
2025 and thereafter6,760  
Total$15,548