Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net (Tables)

v3.19.1
Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

The following table presents the changes in the carrying amount of goodwill:

 

 

 

Carrying Amount

 

Balance as of December 31, 2017

 

$

139

 

Acquisitions

 

 

5,370

 

Balance as of December 31, 2018

 

$

5,509

 

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:

 

 

 

 

 

 

 

December 31, 2018

 

 

December 31, 2017

 

 

 

Weighted

Average Useful

Life (in years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Acquired software and

   technology

 

 

3.0

 

 

$

3,576

 

 

$

(1,613

)

 

$

1,963

 

 

$

3,505

 

 

$

(351

)

 

$

3,154

 

Licensed technology

 

 

3.0

 

 

 

500

 

 

 

(42

)

 

 

458

 

 

 

 

 

 

 

 

 

 

Developed technology

 

 

5.0

 

 

 

9,600

 

 

 

(792

)

 

 

8,808

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

5.0

 

 

 

9,300

 

 

 

(733

)

 

 

8,567

 

 

 

 

 

 

 

 

 

 

Trademarks and trade names

 

 

2.3

 

 

 

100

 

 

 

(15

)

 

 

85

 

 

 

 

 

 

 

 

 

 

Noncompete agreements

 

 

3.8

 

 

 

800

 

 

 

(201

)

 

 

599

 

 

 

 

 

 

 

 

 

 

Total

 

 

4.6

 

 

$

23,876

 

 

$

(3,396

)

 

$

20,480

 

 

$

3,505

 

 

$

(351

)

 

$

3,154

 

Summary of Amortization Expense Associated with Finite-Lived Intangible Assets

The following table presents amortization expense associated with the Company’s finite-lived intangible assets, which is included in the consolidated statements of operations as follows:

 

 

 

Year Ended

 

 

 

December 31,

 

 

 

2018

 

 

 

 

2017

 

Cost of revenue

 

$

920

 

 

 

 

$

193

 

Sales and marketing

 

 

967

 

 

 

 

 

 

Research and development

 

 

1,076

 

 

 

 

 

 

General and administrative

 

 

13

 

 

 

 

 

8

 

Total

 

$

2,976

 

 

 

 

$

201

 

Summary of Future Estimated Annual Amortization Expense

The following table summarizes the future estimated annual amortization expense for these assets at December 31, 2018:

 

2019

 

$

5,054

 

2020

 

 

5,143

 

2021

 

 

4,026

 

2022

 

 

3,887

 

2023

 

 

2,370

 

Total

 

$

20,480