Veritone, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net (Tables)

Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 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:

			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

Summary of Future Amortization of Finite-Lived Intangible Assets

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