Goodwill and Intangible Assets, Net

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

will and Intangible Assets, Net

Intangible assets consist primarily of existing technology and a patent license acquired in business combinations. Acquired intangibles are amortized on a straight-line basis over the respective estimated useful lives of the assets.

The carrying values of intangible assets are as follows (in thousands):



			September 30, 2017
	Cost		Accumulated Amortization			Net Book Value
Existing technology	$	7,066	$	(1,996	)	$	5,070
Patent license	1,388		(697		)	691
Total intangibles subject to amortization	$	8,454	$	(2,693	)	5,761
Intangible assets not subject to amortization						40
Total intangible assets, net						$	5,801


			December 31, 2016
	Cost		Accumulated Amortization			Net Book Value
Existing technology	$	1,910	$	(1,728	)	$	182
Patent License	1,388		(623		)	765
Total intangibles subject to amortization	3,298		(2,351		)	947
Intangible assets not subject to amortization						40
Total intangible assets, net						987

Intangible asset amortization was expense $0.2 million and $0.1 million for each of the three months ended September 30, 2017 and 2016, respectively, and $0.4 million and $0.3 million for each of the nine months ended September 30, 2017 and 2016, respectively.

As of September 30, 2017, the Company expects amortization expense in future periods to be as follows (in thousands):



Remainder of 2017	$	283
2018	1,131
2019	1,131
2020	1,131
2021	1,131
2022 and thereafter	954
Total expected future amortization expense	$	5,761

Goodwill, which is not subject to amortization, totaled $0.9 million and $0.3 million, respectively, as of September 30, 2017 and December 31, 2016, respectively.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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