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Intangible Assets
6 Months Ended
Jun. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Intangible Assets

10. INTANGIBLE ASSETS: 


Intangible assets consist of the following: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

December 31, 2020

(In thousands)

 

Gross
Carrying
Amount


Accumulated
Amortization


Net


Gross
Carrying
Amount


Accumulated
Amortization


Net

Patents

 

$

1,991

 

 

$

(1,628

)

 

$

363

 

 

$

1,832

 

 

$

(1,542

)

 

$

290

 

Software

 

206

 

 

(206

)

 

 

 

206

 

 

(200

)

 

6

 

Marketing assets and customer relationships

 

86

 

 

(66

)

 

20

 

 

101

 

 

(72

)

 

29

 

    Total intangible assets

 

$

2,283

 

 

$

(1,900

)

 

$

383

 

 

$

2,139

 

 

$

(1,814

)

 

$

325

 

Amortization expense in the three and six months ended June 30, 2021 and June 30, 2020 was as follows:  

 

















 


Three Months Ended June 30,
Six Months Ended June 30,

(In thousands)


2021
2020
2021

2020

Patents


$ 44

$ 35

$ 87

$ 73

Software






7


6


15

Marketing assets and customer relationships



2


3


4


5

    Total amortization expense


$ 46

$ 45

$ 97

$ 93


Estimated aggregate amortization expense based on current intangible assets for the next four years is expected to be as follows: $96,000 for the remainder of 2021; $158,000 in 2022; $109,000 in 2023; and $20,000 in 2024.