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Intangible Assets
9 Months Ended
Sep. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets

10. INTANGIBLE ASSETS: 


Intangible assets consist of the following: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2021

 

December 31, 2020

(In thousands)

 

Gross
Carrying
Amount


Accumulated
Amortization


Net


Gross
Carrying
Amount


Accumulated
Amortization


Net

Patents

 

$

2,041

 

 

$

(1,678

)

 

$

363

 

 

$

1,832

 

 

$

(1,542

)

 

$

290

 

Software

 

206

 

 

(206

)

 

 

 

206

 

 

(200

)

 

6

 

Marketing assets and customer relationships

 

86

 

 

(68

)

 

18

 

 

101

 

 

(72

)

 

29

 

    Total intangible assets

 

$

2,333

 

 

$

(1,952

)

 

$

381

 

 

$

2,139

 

 

$

(1,814

)

 

$

325

 


Amortization expense in the three and nine months ended September 30, 2021 and September 30, 2020 was as follows:   

 

















 


Three Months Ended September 30,
Nine Months Ended September 30,

(In thousands)


2021
2020
2021

2020

Patents


$ 50

$ 38

$ 137

$ 111

Software






7


6


22

Marketing assets and customer relationships



2


2


6


7

    Total amortization expense


$ 52

$ 47

$ 149

$ 140


Estimated aggregate amortization expense based on current intangible assets for the next four years is expected to be as follows: $51,000 for the remainder of 2021; $174,000 in 2022; $126,000 in 2023; and $30,000 in 2024.