Goodwill and Intangible Assets

6 Months Ended

Jun. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

6. Goodwill and Intangible Assets

The following table summarizes the Company’s intangible assets, net:

			June 30, 2020
	Estimated Useful Lives (Years)		Gross Carrying Amount		Accumulated Amortization		Net
Customer, affiliate and advertiser relationships	5-17		$	8,684	$	6,326	$	2,358
Developed websites, technology and patents		10		2,005		1,079		926
Trademark, trade name and domain name	5-8			1,798		1,753		45
Proprietary user information database and internet traffic		5		1,094		1,094		—
Non-Compete agreement		3		170		28		142
Total intangible assets			$	13,751	$	10,280	$	3,471

			December 31, 2019
	Estimated Useful Lives (Years)		Gross Carrying Amount		Accumulated Amortization			Net
Customer, affiliate and advertiser relationships	5-17		$	6,520	$	(6,290	)	$	230
Developed websites, technology and patents		10		1,476		(1,026	)		450
Trademark, trade name and domain name	5-8			1,792		(1,763	)		29
Proprietary user information database and internet traffic		5		1,122		(1,122	)		—
Non-Compete agreement		1.5		10		(9	)		1
Total intangible assets			$	10,920	$	(10,210	)	$	710

Intangible assets are amortized over their estimated useful lives, which range from approximately 3 to 17 years, using methods of amortization that are expected to reflect the estimated pattern of economic use. The remaining amortization expense will be recognized over a weighted-average period of approximately 5.01 years. Amortization expense was $0.1 million for each of the six months ended June 30, 2020 and 2019. Amortization expense is recorded within operating expenses as the intangible assets consist of customer-related assets which generate website traffic that the Company considers to be in support of selling and marketing activities. The Company did not write off any fully amortized intangible assets in the first six months of 2020.

The Company expects amortization expense of intangible assets to be as follows:

Years Ending December 31:	Amortization Expense
2020 (July 1 – December 31)	$	223
2021		463
2022		492
2023		329
2024		319
Thereafter		1,645
Total	$	3,471

Goodwill and indefinite-lived intangible assets are not amortized but are reviewed annually for impairment or more frequently if impairment indicators arise. The Company did not have any intangible assets other than goodwill with indefinite lives as of June 30, 2020 or December 31, 2019. There were no indications of impairment as of June 30, 2020, and the Company believes that, as of the balance sheet dates presented, none of the Company’s goodwill or intangible assets was impaired