Note 6 – Intangible Assets

Intangible asset activity for the two years ended December 31, 2018 is detailed in the following table;



in thousands	Acquired Technology		Customer Relationships		Other		Total Intangible Assets
Net balance at December 31, 2016	$	11,392	$	24,774	$	10,383	$	46,549
Additions-Other		—		—		151		151
Disposals-Other		—		—		(32)		(32)
Net foreign currency translation		16		13		—		29
Amortization expense		(4,462)		(2,243)		(2,104)		(8,809)
Net balance at December 31, 2017		6,946		22,544		8,398		37,888
Additions-Acquisition		5,900		11,800		200		17,900
Additions-Other		109		—		150		259
Impairment		—		—		(478)		(478)
Net foreign currency translation		(239)		(486)		(8)		(733)
Amortization expense		(3,921)		(3,450)		(2,003)		(9,374)
Net balance at December 31, 2018	$	8,795	$	30,408	$	6,259	$	45,462

December 31, 2018 balance at cost	$	42,511	$	39,078	$	13,712	$	95,301
Accumulated amortization		(33,716)		(8,670)		(7,453)		(49,839)
Net balance at December 31, 2018	$	8,795	$	30,408	$	6,259	$	45,462

Certain intangible assets are denominated in local currencies and are subject to currency fluctuations. Additions - Acquisitions refers to intangible assets acquired in the acquisition of Dealflo described in Note 3 – Business Acquisitions and include capitalized technology, trademarks, and customer relationships.

As a result of the Company rebranding, the value of certain intangible assets were written down during the second quarter of 2018, and impairment charges of $0.5 million were recorded for the twelve months ended December 31, 2018.

Expected amortization of the intangible assets for the years ended:


December 31, 2019	$	9,694
December 31, 2020		9,365
December 31, 2021		5,677
December 31, 2022		4,577
December 31, 2023		3,989
Thereafter		11,537
Subject to amortization		44,839
Trademarks		623
Total intangible assets	$	45,462