XML 92 R36.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Other Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Identifiable Intangible Assets Carrying Value

The net carrying value of the identifiable intangible assets as of December 31, 2019 and December 31, 2018 is as follows:

 

        As of
December 31, 2019
    As of
December 31, 2018
 
    Life   Carrying     Carrying  
    (Years)   Amount     Amount  
                 
Asuragen acquisition:                    
Thyroid   9   $ 8,519     $ 8,519  
RedPath acquisition:                    
Pancreas test   7     16,141       16,141  
Barrett’s test   9     18,351       18,351  
BioPharma acquisition:                    
Trademarks   10     1,600       -  
Customer relationships   8     5,700       -  
                     
CLIA Lab   2.3   $ 609     $ 609  
                     
Total       $ 50,920     $ 43,620  
                     
Accumulated Amortization       $ (17,419 )   $ (13,767 )
                     
Net Carrying Value       $ 33,501     $ 29,853  

Schedule of Goodwill Carrying Value

The following table displays a roll forward of the carrying amount of goodwill from January 1, 2018 to December 31, 2019:

 

    Carrying  
    Amount  
Balance as of January 1, 2018   $ -  
Balance as of December 31, 2018     -  
Goodwill acquired     8,273  
Adjustments     160  
Balance as of December 31, 2019   $ 8,433  

Schedule of Future Estimated Amortization Expense

Amortization expense was approximately $3.7 million and $3.3 million for the years ended December 31, 2019 and 2018, respectively. Estimated amortization expense for the next five years is as follows:

 

2020     2021     2022     2023     2024  
                           
$ 5,145     $ 5,781     $ 3,859     $ 3,859     $ 3,149