Quarterly report pursuant to Section 13 or 15(d)

Intangible assets, royalties, and goodwill (Tables)

v3.21.2
Intangible assets, royalties, and goodwill (Tables)
9 Months Ended
Sep. 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:
September 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  $ (1,831) $ 5,359  $ (1,059) $ 6,131 
Trade name 15 7,500  (891) 6,609  (516) 6,984 
Total intangible assets $ 14,690  $ (2,722) $ 11,968  $ (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 9.6 years is as follows (in thousands):
Remainder of 2021 $ 382 
2022 1,527 
2023 1,527 
2024 1,527 
2025 1,527 
Thereafter 5,478 
$ 11,968