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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Carrying Amount of Goodwill

The change in the carrying amount of goodwill during the six months ended June 30, 2021 is as follows:

 

 

 

Amount

 

Balance at December 31, 2020

 

$

3,332

 

Acquisition of Smarteq

 

 

3,259

 

Foreign currency translation

 

 

(69

)

Balance at June 30, 2021

 

$

6,522

 

Summary of Amortization Expense

The summary of amortization expense in the condensed consolidated statement of operations is as follows:

 

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Cost of revenues

 

$

15

 

 

$

0

 

 

$

15

 

 

$

111

 

Operating expenses

 

 

55

 

 

 

0

 

 

 

55

 

 

 

33

 

Total

 

$

70

 

 

$

0

 

 

$

70

 

 

$

144

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Other Intangible Assets The summary of other intangible assets, net is as follows:

 

 

 

 

June 30, 2021

 

 

December 31, 2020

 

 

 

 

 

 

 

Accumulated

 

 

Net Book

 

 

 

 

 

 

Accumulated

 

 

Net Book

 

 

 

Cost

 

 

Amortization

 

 

Value

 

 

Cost

 

 

Amortization

 

 

Value

 

Customer contracts and relationships

 

$

17,651

 

 

$

16,906

 

 

$

745

 

 

$

16,880

 

 

$

16,880

 

 

$

0

 

Patents and technology

 

 

10,072

 

 

 

9,658

 

 

 

414

 

 

 

9,644

 

 

 

9,644

 

 

 

0

 

Trademarks and trade names

 

 

1,597

 

 

 

993

 

 

 

604

 

 

 

972

 

 

 

972

 

 

 

0

 

Other intangible assets

 

 

117

 

 

 

7

 

 

 

110

 

 

 

0

 

 

 

0

 

 

 

0

 

Total

 

$

29,437

 

 

$

27,564

 

 

$

1,873

 

 

$

27,496

 

 

$

27,496

 

 

$

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Summary of Assigned Lives and Weighted Average Amortization Periods by Intangible Asset Category

The assigned lives and weighted average amortization periods by intangible asset category are summarized below:

 

 

Intangible Assets

 

Assigned Life

 

Weighted

Average

Amortization

Period

 

Customer contracts and relationships

 

5 years

 

 

5.0

 

Patents and technology

 

5 years

 

 

5.0

 

Trademarks and trade names

 

5 years

 

 

5.0

 

Other

 

1 to 5 years

 

 

3.6

 

Schedule of Future Amortization Expenses

The future amortization expenses is as follows:

 

 

Fiscal Year

 

Amount

 

2021

 

$

202

 

2022

 

$

396

 

2023

 

$

396

 

2024

 

$

381

 

2025

 

$

373

 

Thereafter

 

$

125

 

Total

 

$

1,873