Annual report pursuant to Section 13 and 15(d)

Patents and Other Intangible Assets (Tables)

v3.20.1
Patents and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Patents and Other Intangible Assets
Patents and other intangible assets consist of the following at December 31, 2019 and 2018:
 
 
 
 
 
 
Weighted-Average
 
 
 
 
 
 
Remaining
 
 
(in thousands)
 
(in thousands)
 
Amortization
 
 
2019
 
2018
 
Period
Patents
 
$
981

 
$
981

 
3 years
Customer list
 
2,738

 
2,738

 
8 years
Trade name
 
477

 
477

 
8 years
 
 
4,196

 
4,196

 
 
Less accumulated amortization
 
(1,301
)
 
(847
)
 
 
Net patent and other intangible assets
 
$
2,895

 
$
3,349

 
 
Schedule of Future Amortization Expense for Patents and Other Intangible Assets
Future amortization expense for patents and other intangible assets, is estimated as follows (in thousands):
2020
$
465

2021
465

2022
424

2023
344

2024
337

Thereafter
860

Total
$
2,895