Intangible Assets

6 Months Ended

Jun. 30, 2020

Intangible Assets [Abstract]

Intangible Assets

11. Intangible assets

Definite-lived intangible assets consisted of the following at:

		June 30, 2020				December 31, 2019
		Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Customer list	$	6,400	$	(67)	$	-	$	-
Self-fitting software*		3,975		(199)		3,679		-
Technology access*		5,110		(3,440)		5,110		(3,244)
Total	$	15,485	$	(3,706)	$	8,789	$	(3,244)

The customer list was established as a part of purchase accounting related to our Emerald acquisition; see Note 3. The estimated useful life is eight years.

In January 2019, the Company purchased the source code for self-fitting software from Soundperience for 1,750 Euros and also transferred our 49% ownership interest in Soundperience to the majority owner for a total investment of $3,679. Amortization began during the second quarter of 2020 based on an estimated useful life of five years.

The technology access asset provides the Company with wireless hearing aid technology and is being amortized based on an estimated useful life of seven years.