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Intangible Assets
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 5. Intangible Assets

 

Intangible assets consist primarily of software development costs, intellectual property and customer and reseller relationships which are amortized over the estimated useful life, generally on a straight-line basis.(in thousands)

 

    December 31     December 31  
    2018     2017  
             
Horizon software   $     $ 6,527  
123Wish Platform intellectual property     548        
Social online application software     2,307        
Customer lists     900        
                 
      3,755       6,527  
Less accumulated amortization     (571 )     (1,187 )
                 
Intangible assets, net   $ 3,184     $ 5,340  

 

Amortization of intangible assets for each of the next four years is estimated to be approximately $796,000 per year.