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Intangible Assets
12 Months Ended
Dec. 31, 2019
Intangible Assets  
Intangible Assets

3. Intangible Assets

 

Intangible assets as of December 31, 2019, and 2018 consisted of the following:

 

 

 

Estimated useful lives

 

 

As of December 31,

 

 

 

(in years)

 

 

2019

 

 

2018

 

Tradename

 

 

5

to

7

 

 

$

555

 

 

$

555

 

Patents and technological know-how

 

 

 

10

 

 

 

 

18,494

 

 

 

13,377

 

Proprietary software

 

 

3

to

15

 

 

 

2,981

 

 

 

2,981

 

Other

 

 

3

to

5

 

 

 

323

 

 

 

323

 

Total intangible assets, gross

 

 

 

 

 

 

 

 

22,353

 

 

 

17,236

 

Accumulated amortization

 

 

 

 

 

 

 

 

(8,344

)

 

 

(6,987

)

Total intangible assets, net

 

 

 

 

 

 

 

$

14,009

 

 

$

10,249

 

 

Intangible assets include capitalized legal expenses, net of amortization of $11,040 million related to our defense of patents from infringement by our competitors. Legal expenses have been capitalized upon satisfaction of two conditions: (a) a determination being made that a successful defense of this litigation is probable, and (b) that the monetary benefits arising out of such successful defense will be in excess of the costs for the defense. Please refer to Note 8 - Commitments and Contingencies for additional information. 

 

During the years ended December 31, 2019 and 2018, amortization of these intangible assets were $1,402 and $1,093 respectively.

 

The estimated future amortization expense of intangible assets is as follows:

 

Years ending December 31,

 

 

 

 

2020

 

$

1,398

 

2021

 

 

1,396

 

2022

 

 

1,396

 

2023

 

 

1,389

 

2024

 

 

1,125

 

Thereafter

 

 

7,305

 

Total

 

$

14,009