Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net (Tables)

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

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

 

Balance as of December 31, 2019

 

$

16,953

 

Effect of exchange rate

 

 

(657

)

Balance as of June 30, 2020

 

$

16,296

 

Summary of Intangible Assets

Intangible assets consisted of the following (in thousands):

 

 

 

As of June 30, 2020

 

 

As of December 31, 2019

 

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

 

Gross

 

 

Accumulated

Amortization

 

 

Net

 

Amortizable Intangible Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Developed technology

 

$

2,703

 

 

$

1,232

 

 

$

1,471

 

 

$

2,775

 

 

$

952

 

 

$

1,823

 

Customer relationships

 

 

8,739

 

 

 

2,063

 

 

 

6,676

 

 

 

9,077

 

 

 

1,631

 

 

 

7,446

 

Patent

 

 

121

 

 

 

39

 

 

 

82

 

 

 

113

 

 

 

29

 

 

 

84

 

Total amortizable intangible assets

 

$

11,563

 

 

$

3,334

 

 

$

8,229

 

 

$

11,965

 

 

$

2,612

 

 

$

9,353

 

Summary of Estimated Future Amortization Expense

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

 

 

 

As of June 30, 2020

 

2020 (remaining six months)

 

$

807

 

2021

 

 

1,405

 

2022

 

 

1,135

 

2023

 

 

1,033

 

2024

 

 

832

 

2025 and thereafter

 

 

3,017

 

Total

 

$

8,229