| Schedule of Intangible Assets |
The following table summarizes identifiable intangible
assets of the Company as of December 31, 2020 and March 31, 2021:
| March 31, 2021 (Unaudited) |
|
Useful Lives (In Years) |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
| Amortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer relationships |
|
9-12 |
|
$ |
19,264 |
|
|
$ |
(3,139 |
) |
|
$ |
16,125 |
|
| Trademark and tradename |
|
3-15 |
|
|
7,553 |
|
|
|
(1,493 |
) |
|
|
6,060 |
|
| Patents |
|
7-11 |
|
|
2,117 |
|
|
|
(1,683 |
) |
|
|
434 |
|
| Technology |
|
7 |
|
|
10,911 |
|
|
|
(3,806 |
) |
|
|
7,105 |
|
| Favorable contract interest |
|
4 |
|
|
388 |
|
|
|
(356 |
) |
|
|
32 |
|
| Covenant not to compete |
|
5 |
|
|
208 |
|
|
|
(152 |
) |
|
|
56 |
|
| |
|
|
|
|
40,441 |
|
|
|
(10,629 |
) |
|
|
29,812 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unamortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer List |
|
|
|
|
104 |
|
|
|
- |
|
|
|
104 |
|
| Trademark and tradename |
|
|
|
|
61 |
|
|
|
- |
|
|
|
61 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
165 |
|
|
|
- |
|
|
|
165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
$ |
40,606 |
|
|
$ |
(10,629 |
) |
|
$ |
29,977 |
|
| December 31, 2020 |
|
Useful Lives (In Years) |
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net
Carrying Amount |
|
| Amortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer relationships |
|
9-12 |
|
$ |
19,264 |
|
|
$ |
(2,732 |
) |
|
$ |
16,532 |
|
| Trademark and tradename |
|
3-15 |
|
|
7,553 |
|
|
|
(1,292 |
) |
|
|
6,261 |
|
| Patents |
|
7-11 |
|
|
2,117 |
|
|
|
(1,661 |
) |
|
|
456 |
|
| Technology |
|
7 |
|
|
10,911 |
|
|
|
(3,172 |
) |
|
|
7,739 |
|
| Favorable contract interest |
|
4 |
|
|
388 |
|
|
|
(331 |
) |
|
|
57 |
|
| Covenant not to compete |
|
5 |
|
|
208 |
|
|
|
(142 |
) |
|
|
66 |
|
| |
|
|
|
|
40,441 |
|
|
|
(9,330 |
) |
|
|
31,111 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Unamortized: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Customer List |
|
|
|
|
104 |
|
|
|
- |
|
|
|
104 |
|
| Trademark and tradename |
|
|
|
|
61 |
|
|
|
- |
|
|
|
61 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
165 |
|
|
|
- |
|
|
|
165 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
|
|
|
$ |
40,606 |
|
|
$ |
(9,330 |
) |
|
$ |
31,276 |
|
|
| Schedule of Finite-lived Intangible Assets, Future Amortization Expense |
Amortization expense for the three-month periods ended
March 31, 2020 and March 31, 2021 was $1,332 and $1,299, respectively. Estimated future amortization expense for each of the five succeeding
fiscal years for these intangible assets is as follows:
| Year ending December 31: |
|
|
|
| 2021 (remaining) |
|
$ |
3,855 |
|
| 2022 |
|
|
5,080 |
|
| 2023 |
|
|
5,035 |
|
| 2024 |
|
|
2,622 |
|
| 2025 |
|
|
2,495 |
|
| 2026 |
|
|
2,413 |
|
| Thereafter |
|
|
8,312 |
|
| |
|
$ |
29,812 |
|
|