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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
Changes in goodwill during the two years ended December 31, 2018 and December 31, 2017 were as follows (in thousands):
 Goodwill
December 31, 2016$446 
Foreign currency translation25 
December 31, 2017471 
Foreign currency translation(1)
December 31, 2018$470 
Finite and Indefinite Lived Intangible Assets
The following sets forth the major categories of the Company’s intangible assets and the weighted-average remaining amortization period as of December 31, 2018 and December 31, 2017 for those assets that are not already fully amortized (in thousands):
 
December 31, 2018
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted Average
Remaining Amortization
Period
Trademarks and Technology$40,169 $(8,239)$31,930 11.8
Product acquisition costs13,308 — 13,308 N/A - See description below
In-process research and development
(“IPR&D”)
719 — 719  N/A - See description below
Customer relationships3,557 (1,139)2,418 6.9
Total$57,753 $(9,378)$48,375  

December 31, 2017
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Weighted Average
Remaining Amortization
Period
Trademarks and Technology$40,380 $(5,684)$34,696 12.8
Product acquisition costs14,682 — 14,682 N/A - See description below
In-process research and development
(“IPR&D”)
3,629 — 3,629  N/A - See description below
Customer relationships3,783 (773)3,010 7.9
Total$62,474 $(6,457)$56,017  
Changes in Intangible Assets Other Than Goodwill
Changes in intangibles during the year ended December 31, 2018 were as follows (in thousands):

Product Acquisition CostsTrademarks and
Technology
IPR&DCustomer
Relationships
Balance at December 31, 2017$14,682 $34,696 $3,629 $3,010 
Amortization— (2,727)— (369)
Intangible assets placed in service— 1,346 (1,346)— 
Loss on impairment(716)(7)(1,201)— 
Foreign currency translation(658)(1,378)(363)(223)
Balance at December 31, 2018$13,308 $31,930 $719 $2,418 
Finite-Lived Intangible Assets Future Amortization Expense
Assuming no additions, disposals or adjustments are made to the carrying values and/or useful lives of the intangible assets, annual amortization expense on trademarks and technology and customer relationships for each of the following years is estimated to be as follows (in thousands):

Year ending December 31,Amortization Expense *
2019 $3,096 
2020 3,096 
2021 3,096 
2022 3,096 
2023 3,096 
Thereafter18,868 
Total$34,348 
 
*IPR&D and Product Acquisition Costs are assessed for impairment at least annually and will be amortized once products are commercialized, and are not included in the table.
Finite-Lived Intangible Assets Useful Lives
The useful lives of the Company’s intangible assets are as follows:
Intangibles Category Amortizable Life
Product Acquisition Costs 10 years
Trademarks & Technology15 years
Customer Relationships 10 years