Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.21.1
Goodwill and Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

Goodwill as of March 31, 2021 and December 31, 2020 was as follows (in thousands):

 

Balance as of December 31, 2020

 

$

16,657

 

Effect of exchange rate

 

 

(45

)

Balance as of March 31, 2021

 

$

16,612

 

Summary of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

As of March 31, 2021

 

 

As of December 31, 2020

 

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

Amortizable Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

2,737

 

 

$

1,731

 

 

$

1,006

 

 

$

2,742

 

 

$

1,576

 

 

$

1,166

 

Customer relationships

 

 

8,903

 

 

 

2,829

 

 

 

6,074

 

 

 

8,925

 

 

 

2,598

 

 

 

6,327

 

Patent

 

 

127

 

 

 

51

 

 

 

76

 

 

 

130

 

 

 

49

 

 

 

81

 

Total amortizable intangible assets

 

$

11,767

 

 

$

4,611

 

 

$

7,156

 

 

$

11,797

 

 

$

4,223

 

 

$

7,574

 

Summary of Estimated Future Amortization Expense

Total estimated future amortization expense as of March 31, 2021 is as follows (in thousands):

 

 

 

As of

March 31, 2021

 

2021 (remaining nine months)

 

$

1,004

 

2022

 

 

1,160

 

2023

 

 

1,056

 

2024

 

 

853

 

2025

 

 

639

 

2026 and thereafter

 

 

2,444

 

Total

 

$

7,156