Note 7 - Goodwill and Acquired Intangible Assets

9 Months Ended

Sep. 30, 2020

Notes to Financial Statements

Goodwill and Intangible Assets Disclosure [Text Block]

7. Goodwill and acquired intangible assets

The Company has one reporting unit and goodwill represents the synergies realized in its acquisitions of Imugen, Inc. and Immunetics, Inc. The carrying amount of goodwill reflected in the Company’s consolidated balance sheets was $2.5 million at September 30, 2020 and December 31, 2019. 

Acquired intangible assets consisted of the following as of September 30, 2020 and December 31, 2019:

	As of September 30, 2020
(in thousands)	Amortization period (years)	Gross carrying amount		Accumulated Amortization		Net carrying amount
Licenses	5-10	$	664	$	594	$	70
Total		$	664	$	594	$	70

	As of December 31, 2019
(in thousands)	Amortization period (years)	Gross carrying amount		Accumulated Amortization		Net carrying amount
Licenses	5-10	$	680	$	593	$	87
Total		$	680	$	593	$	87