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Intangible Assets, Net
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

9. Intangible Assets, Net

 

At December 31, 2018 and 2017, intangible assets, primarily consisting of acquired patents and accumulated amortization were as follows (in thousands):

 

    December 31,  
    2018 (1)     2017  
Intangible assets   $ 19,020     $ 23,294  
Accumulated amortization     (15,895)       (16,394)  
Intangible assets, net   $ 3,125     $ 6,900  

 

(1) Reflects the effect of the AgeX Deconsolidation.

 

BioTime amortizes its intangible assets over an estimated period of 10 years on a straight-line basis. BioTime recognized $2.2 million and $2.3 million in amortization expense of intangible assets during the years ended December 31, 2018 and 2017, respectively.

 

Amortization of intangible assets for periods subsequent to December 31, 2018 is as follows (in thousands):

 

Year Ended December 31,   Amortization Expense  
2019   $ 1,911  
2020     1,124  
2021     90  
Total   $ 3,125