Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.20.4
Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

Goodwill as of December 31, 2020 and 2019 was as follows (in thousands):

 

Balance as of December 31, 2019

 

$

16,953

 

Effect of exchange rate

 

 

(296

)

Balance as of December 31, 2020

 

$

16,657

 

Summary of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

As of December 31,

 

 

 

2020

 

 

2019

 

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

Amortizable Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

2,742

 

 

$

1,576

 

 

$

1,166

 

 

$

2,775

 

 

$

952

 

 

$

1,823

 

Customer relationships

 

 

8,925

 

 

 

2,598

 

 

 

6,327

 

 

 

9,077

 

 

 

1,631

 

 

 

7,446

 

Patent

 

 

130

 

 

 

49

 

 

 

81

 

 

 

113

 

 

 

29

 

 

 

84

 

Total amortizable intangible assets

 

$

11,797

 

 

$

4,223

 

 

$

7,574

 

 

$

11,965

 

 

$

2,612

 

 

$

9,353

 

Summary of Estimated Future Amortization Expense

Total estimated future amortization expense as of December 31, 2020 is as follows (in thousands):

 

 

 

As of December

31, 2020

 

2021

 

$

1,435

 

2022

 

 

1,161

 

2023

 

 

1,053

 

2024

 

 

848

 

2025

 

 

632

 

2026 and thereafter

 

 

2,445

 

Total

 

$

7,574