Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.20.2
Goodwill and Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Goodwill

Goodwill as of September 30, 2020 and December 31, 2019 was as follows (in thousands):

 

Balance as of December 31, 2019

 

$

16,953

 

Effect of exchange rate

 

 

(395

)

Balance as of September 30, 2020

 

$

16,558

 

Summary of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

As of September 30, 2020

 

 

As of December 31, 2019

 

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Amortizable Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

2,731

 

 

$

1,408

 

 

$

1,323

 

 

$

2,775

 

 

$

952

 

 

$

1,823

 

Customer relationships

 

 

8,873

 

 

 

2,341

 

 

 

6,532

 

 

 

9,077

 

 

 

1,631

 

 

 

7,446

 

Patent

 

 

126

 

 

 

44

 

 

 

82

 

 

 

113

 

 

 

29

 

 

 

84

 

Total amortizable intangible assets

 

$

11,730

 

 

$

3,793

 

 

$

7,937

 

 

$

11,965

 

 

$

2,612

 

 

$

9,353

 

Summary of Estimated Future Amortization Expense

Total estimated future amortization expense as of September 30, 2020 is as follows (in thousands):

 

 

 

As of September 30, 2020

 

2020 (remaining three months)

 

$

417

 

2021

 

 

1,425

 

2022

 

 

1,149

 

2023

 

 

1,044

 

2024

 

 

842

 

2025 and thereafter

 

 

3,060

 

Total

 

$

7,937