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Intangible Assets
 3 Months Ended
Mar. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

The following table presents the components of net intangible assets (in thousands):

 
As of March 31, 2020
 
As of December 31, 2019
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Glowpoint
 
 
 
 
 
 
 
 
 
 
 
Customer Relationships
$
4,335

 
$
(4,335
)
 
$
—

 
$
4,335

 
$
(4,335
)
 
$
—

Affiliate network
994

 
(683
)
 
311

 
994

 
(666
)
 
328

Trademarks
548

 
(519
)
 
29

 
548

 
(504
)
 
44

   Subtotal
$
5,877

 
$
(5,537
)
 
$
340

 
$
5,877

 
$
(5,505
)
 
$
372

 
 
 
 
 
 
 
 
 
 
 
 
Oblong Industries
 
 
 
 
 
 
 
 
 
 
 
Developed technology
10,060

 
(1,008
)
 
9,052

 
10,060

 
(504
)
 
9,556

Trade names
2,410

 
(120
)
 
2,290

 
2,410

 
(60
)
 
2,350

Distributor relationships
310

 
(31
)
 
279

 
310

 
(16
)
 
294

   Subtotal
$
12,780

 
$
(1,159
)
 
$
11,621

 
$
12,780

 
$
(580
)
 
$
12,200

      Total
$
18,657

 
$
(6,696
)
 
$
11,961

 
$
18,657

 
$
(6,085
)
 
$
12,572



As of March 31, 2020, we considered the novel Coronavirus (COVID-19) pandemic and resulting declines in certain of the Company’s revenue to be a triggering event for an interim impairment test of intangible assets for both reporting units. The fair value of each reporting unit’s intangible assets exceeded the respective carrying amounts, therefore no impairment charges were required for the three months ended March 31, 2020. Intangible assets with finite lives are amortized using the straight-line method over the estimated economic lives of the assets, which range from five years to twelve years in accordance with ASC Topic 350. The weighted average lives for the components of intangible assets are as follows:
Glowpoint
 
Affiliate network
12 Years
Trademarks
8 Years
 
 
Oblong Industries
 
Developed technology
5 Years
Trade names
10 Years
Distributor relationships
5 Years


Related amortization expense was $611,000 and $707,000 for the three months ended March 31, 2020 and the year ended December 31, 2019, respectively. Amortization expense for each of the next five succeeding years will be as follows (in thousands):

Remainder of 2020
$
1,820

2021
2,388

2022
2,386

2023
2,378

2024
1,844

Thereafter
1,145

Total
$
11,961