Quarterly report pursuant to Section 13 or 15(d)

Intangible assets, royalties, and goodwill (Tables)

v3.21.2
Intangible assets, royalties, and goodwill (Tables)
 6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
The Company’s intangible assets (in thousands) and related useful lives (in years) are as follows:
June 30, 2021 December 31, 2020
Estimated useful life Gross
carrying
amount		 Accumulated
amortization		 Net carrying
amount		 Accumulated
amortization		 Net carrying
amount
Customer relationships 7 $ 7,190  $ (1,574) $ 5,616  $ (1,059) $ 6,131 
Trade name 15 7,500  (766) 6,734  (516) 6,984 
Total intangible assets $ 14,690  $ (2,340) $ 12,350  $ (1,575) $ 13,115 
Schedule of future amortization of intangible assets
The estimated future amortization of intangible assets over the remaining weighted average useful life of 9.8 years is as follows (in thousands):
Remainder of 2021 $ 764 
2022 1,527 
2023 1,527 
2024 1,527 
2025 1,527 
Thereafter 5,478 
$ 12,350 
There were no indicators or impairment of the intangible assets as of June 30, 2021.