Intangible Assets, Net

3 Months Ended

Mar. 31, 2020

Intangible Assets Net Excluding Goodwill [Abstract]

Intangible Assets, Net

3. Intangible assets, net

Intangible assets other than goodwill consist of the following:

		March 31, 2020							December 31, 2019
(In thousands)	Amortization Period	Gross Amount		Accumulated Amortization			Net		Gross Amount		Accumulated Amortization			Net
Software developed for internal use	5-10 years	$	31,816	$	(6,506	)	$	25,310	$	29,690	$	(5,656	)	$	24,034

The gross amount associated with software developed for internal use represents capitalized costs of internally-developed software, including eligible salaries and staff benefits, share-based compensation, travel expenses incurred by relevant employees, and other relevant costs.

Amortization expenses of $850 and $554 for the three months ended March 31, 2020 and 2019, respectively, were included in depreciation and amortization expense. As of March 31, 2020, intangible assets of $4,136, included in the gross amounts of software developed for internal use, have not started amortization, as they are not ready for their intended use.

The Company capitalized costs of software developed for internal use of $2,126 and $1,580 during the three months ended March 31, 2020 and 2019, respectively.

As of March 31, 2020, estimated amortization expense related to the Company’s intangible assets for the remainder of 2020 through 2025 and thereafter are as follows:

(In thousands)
Year	March 31, 2020
Remainder of 2020	$	2,832
2021		4,324
2022		4,321
2023		4,245
2024		3,629
2025 and thereafter		5,959
Total	$	25,310