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INTANGIBLE ASSETS (Table)
12 Months Ended
Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Components of Intangible Assets

The following table summarizes the components of the Company’s intangible assets for each of the periods indicated:

 

 

 

As of

December 31,

2018

 

 

As of

December 31,

2017

 

 

 

(in thousands)

 

Patents

 

$

5,773

 

 

$

7,660

 

In-licensed rights

 

 

5,626

 

 

 

6,491

 

Software licenses

 

 

175

 

 

 

204

 

Total

 

$

11,574

 

 

$

14,355

 

 

Summary of Estimated Future Amortization for Intangible Assets

The following table summarizes the estimated future amortization for intangible assets for the next five years:

 

 

 

As of

December 31, 2018

(in thousands)

 

2019

 

 

1,490

 

2020

 

 

1,300

 

2021

 

 

1,299

 

2022

 

 

1,298

 

2023

 

 

1,297

 

Total

 

$

6,684