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Net Intangible Assets
12 Months Ended
Dec. 31, 2019
Net Intangible Assets [Abstract]  
Net Intangible Assets

Note 6. Net Intangible Assets

 

Intangible assets include the following:

 

 

 

  

 

 

December 31, 2019

 

  

 

Average
Useful
Lives

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net
Carrying
Amount

Non-compete

 

 

5 Years

 

 

$

120

 

 

$

120

 

 

$

0

 

Technology

 

 

7 Years

 

 

 

1,478

 

 

 

1,126

 

 

 

352

 

Communication Technology

3 Years


150


13


137

Net Intangible Assets

 

 

 

 

 

$

1,748

 

 

$

1,259

 

 

$

489

 


 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

 

 

 

Average
Useful
Lives

 

 

Gross
Carrying
Amount

 

 

Accumulated Amortization

 

 

Net
Carrying
Amount

 

Non-compete

 

 

5 Years

 

 

$

120

 

 

$

118

 

 

$

2

 

Technology

 

 

7 Years

 

 

 

1,478

 

 

 

915

 

 

 

563

 

Net Intangible Assets

 

 

 

 

 

$

1,598

 

 

$

1,033

 

 

$

565

 

 

Amortization expense for the years ended December 31, 2019 and 2018 was $226 and $235, respectively.

 

Estimated amortization expense over the next three years is as follows:

 

2020

 

 

$

261

 

2021

 

 

$

191

 

2022

 

 

$

37