Veritone, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangible Assets, Net (Tables)

Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Summary of Finite-Lived Intangible Assets Resulting from Business Acquisitions and Other Purchases

The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized:

	September 30, 2020									December 31, 2019
	Weighted Average Remaining Useful Life		Gross Carrying		Accumulated			Net Carrying		Gross Carrying		Accumulated			Net Carrying
	(in years)		Amount		Amortization			Amount		Amount		Amortization			Amount
Software and technology		1.0	$	3,582	$	(3,061	)	$	521	$	3,582	$	(2,171	)	$	1,411
Licensed technology		1.0		500		(333	)		167		500		(208	)		292
Developed technology		2.9		9,600		(4,000	)		5,600		9,600		(2,560	)		7,040
Customer relationships		2.9		9,300		(3,875	)		5,425		9,300		(2,480	)		6,820
Trademarks and trade names		0.2		100		(93	)		7		100		(59	)		41
Noncompete agreements		1.8		800		(434	)		366		800		(278	)		522
Total		2.8	$	23,882	$	(11,796	)	$	12,086	$	23,882	$	(7,756	)	$	16,126

Summary of Future Amortization of Finite-Lived Intangible Assets

The following table presents future amortization of the Company’s finite-lived intangible assets at September 30, 2020:

2020 (three months)	$	1,342
2021		4,261
2022		3,963
2023		2,520
Total	$	12,086