Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net

v3.20.4
Goodwill and Intangible Assets, Net
 12 Months Ended
Dec. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net

NOTE 5. GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill

The carrying amount of goodwill was $6,904 as of December 31, 2020 and December 31, 2019.

 

Intangible Assets

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, 2020

 

 

December 31, 2019

 

 

 

Weighted

Average

Remaining

Useful

Life (in years)

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

Gross

Carrying

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

Software and technology

 

 

1.4

 

 

$

3,582

 

 

$

(3,357

)

 

$

225

 

 

$

3,582

 

 

$

(2,171

)

 

$

1,411

 

Licensed technology

 

 

0.7

 

 

 

500

 

 

 

(375

)

 

 

125

 

 

 

500

 

 

 

(208

)

 

 

292

 

Developed technology

 

 

2.7

 

 

 

9,600

 

 

 

(4,480

)

 

 

5,120

 

 

 

9,600

 

 

 

(2,560

)

 

 

7,040

 

Customer relationships

 

 

2.7

 

 

 

9,300

 

 

 

(4,340

)

 

 

4,960

 

 

 

9,300

 

 

 

(2,480

)

 

 

6,820

 

Trademarks and trade names

 

 

0.0

 

 

 

100

 

 

 

(100

)

 

 

-

 

 

 

100

 

 

 

(59

)

 

 

41

 

Noncompete agreements

 

 

1.6

 

 

 

800

 

 

 

(486

)

 

 

314

 

 

 

800

 

 

 

(278

)

 

 

522

 

Total

 

 

2.6

 

 

$

23,882

 

 

$

(13,138

)

 

$

10,744

 

 

$

23,882

 

 

$

(7,756

)

 

$

16,126

 

 

The following table presents future amortization of the Company’s finite-lived intangible assets at December 31, 2020:

 

2021

 

$

4,261

 

2022

 

 

3,963

 

2023

 

 

2,520

 

Total

 

$

10,744