Goodwill and Other Identifiable Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Other Identifiable Intangible Assets

3. Goodwill and other identifiable intangible assets

Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020 were as follows:

(amounts in thousands)
Balance as of December 31, 2019	$	32,954
Translation adjustment		211
Balance as of December 31, 2020	$	33,165
Translation adjustment		(186	)
Balance as of December 31, 2021	$	32,979

As of December 31, 2021, the Company had no accumulated impairment losses related to goodwill.

Intangible assets

There were no accumulated impairment losses related to the Company’s intangible assets as of December 31, 2021 and 2020. Amortization expense for intangible assets for the years ended December 31, 2021, 2020 and 2019 was as follows:

	Years ended December 31,
(amounts in thousands)	2021		2020		2019
Research and development expense	$	7,813	$	7,800	$	2,914
Sales and marketing expense		181		204		175
General and administrative expense		781		1,000		1,071
Total	$	8,775	$	9,004	$	4,160

The following tables represent the changes in net carrying values of the intangibles as of the respective dates:

	Average
	estimated	Gross
(amounts in thousands)	useful lives	carrying		Accumulated
December 31, 2021	(in years)	amount		amortization		Net amount
Technology	10	$	77,700	$	18,454	$	59,246
Licenses	10		185		180		5
Patents and websites	5		4,519		3,746		773
Customer relationships	4		1,361		1,361		—
Commercials	2-3		799		676		123
Total		$	84,564	$	24,417	$	60,147
	Average
	estimated	Gross
(amounts in thousands)	useful lives	carrying		Accumulated
December 31, 2020	(in years)	amount		amortization		Net amount
Technology	10	$	77,700	$	10,684	$	67,016
Licenses	10		185		174		11
Patents and websites	5		4,488		3,015		1,473
Customer relationships	4		1,474		1,351		123
Commercials	2-3		733		559		174
Total		$	84,580	$	15,783	$	68,797

Annual estimated amortization expense for each of the succeeding fiscal years is as follows:

	December 31,
(amounts in thousands)	2021
2022	$	8,484
2023		7,881
2024		7,833
2025		7,783
2026		7,770
Thereafter		20,396
Total	$	60,147