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INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2020
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,

 

 

 

2020

 

 

2019

 

 

 

(in thousands)

 

Patents

 

$

11,210

 

 

$

8,902

 

In-licensed rights

 

 

8,073

 

 

 

8,073

 

Software licenses

 

 

1,554

 

 

 

1,029

 

Intangible assets, gross

 

 

20,837

 

 

 

18,004

 

Less: accumulated amortization

 

 

(7,209

)

 

 

(5,507

)

Intangible assets, net

 

$

13,628

 

 

$

12,497

 

Summary of Estimated Future Amortization for Intangible Assets

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

 

 

 

As of

December 31, 2020

(in thousands)

 

2021

 

$

1,527

 

2022

 

 

1,277

 

2023

 

 

1,277

 

2024

 

 

1,270

 

2025

 

 

1,213

 

Thereafter

 

 

7,064

 

Total

 

$

13,628