Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2020

Intangible Assets and Goodwill

Schedule of Intangible assets

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2020 are as follows (in thousands):

	Weighted Average	Gross Carrying		Accumulated
	Amortization Period	Amount		Amortization		Total
Acquired technology	10 years	$	13,697	$	(4,042)	$	9,655
Customer relationships, Non-compete agreements, Backlog & Trademark	6 years		890		(294)		596
In process research and development	Indefinite		29,000		—		29,000
		$	43,587	$	(4,336)	$	39,251

The gross carrying amount and accumulated amortization of the Company’s acquired identifiable intangible assets as of December 31, 2019 are as follows (in thousands):

	Weighted Average	Gross Carrying		Accumulated
	Amortization Period	Amount		Amortization		Total
Acquired technology	9 years	$	8,244	$	(2,815)	$	5,429
Trademark	9 years		320		(210)		110
		$	8,564	$	(3,025)	$	5,539

Schedule of future amortization of intangible assets

Estimated amortization expense for subsequent years was as follows (in thousands):

2021		1,878
2022		1,478
2023		1,478
2024		1,456
2025 and thereafter		3,961
Total	$	10,251