Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.20.1
Goodwill and Intangible Assets, Net (Tables)
 3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

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

 

Balance as of December 31, 2019

 

$

16,953

 

Effect of exchange rate

 

 

(583

)

Balance as of March 31, 2020

 

$

16,370

 
Summary of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

As of March 31, 2020

 

 

As of December 31, 2019

 

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

 

Gross

 

 

Accumulated

amortization

 

 

Net

 

Amortizable Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

2,711

 

 

$

1,080

 

 

$

1,631

 

 

$

2,775

 

 

$

952

 

 

$

1,823

 

Customer relationships

 

 

8,777

 

 

 

1,826

 

 

 

6,951

 

 

 

9,077

 

 

 

1,631

 

 

 

7,446

 

Patent

 

 

118

 

 

 

35

 

 

 

83

 

 

 

113

 

 

 

29

 

 

 

84

 

Total amortizable intangible assets

 

$

11,606

 

 

$

2,941

 

 

$

8,665

 

 

$

11,965

 

 

$

2,612

 

 

$

9,353

 
Summary of Estimated Future Amortization Expense

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

 

 

 

As of

March 31, 2020

 

2020 (remaining nine months)

 

$

1,221

 

2021

 

 

1,409

 

2022

 

 

1,138

 

2023

 

 

1,035

 

2024

 

 

834

 

2025 and thereafter

 

 

3,028

 

Total

 

$

8,665