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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets  
Schedule of Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the nine months ended September 30, 2019 and 2018 were as follows (in thousands):

 

 

 

 

 

Balance as of January 1, 2019

    

$

2,050

Foreign currency translation adjustment

 

 

12

Balance as of September 30, 2019

 

$

2,062

 

 

 

  

Balance as of January 1, 2018

 

$

2,832

Foreign currency translation adjustment

 

 

(35)

Goodwill impairment

 

 

(675)

Balance as of September 30, 2018

 

$

2,122

 

Schedule of company's acquisition-related intangible assets

Information regarding the Company’s acquisition-related intangible assets was as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Trademarks 

    

 

 

    

Media

    

 

 

 

 

Developed

 

Customer

 

and

 

 

 

 

Contact

 

 

 

 

 

technology

 

relationships

 

trade names

 

Patents

 

Database

 

Total

Gross carrying amounts:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Balance as of January 1, 2019

 

$

2,999

 

$

2,081

 

$

855

 

$

42

 

$

3,546

 

$

9,523

Foreign currency translation

 

 

51

 

 

63

 

 

 4

 

 

 1

 

 

(36)

 

 

83

Balance as of September 30, 2019

 

$

3,050

 

$

2,144

 

$

859

 

$

43

 

$

3,510

 

$

9,606

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Trademarks 

    

 

 

    

Media

    

 

 

 

 

Developed

 

Customer

 

and

 

 

 

 

Contact

 

 

 

 

 

technology

 

relationships

 

trade names

 

Patents

 

Database

 

Total

Gross carrying amounts:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Balance as of January 1, 2018

 

$

3,204

 

$

2,264

 

$

884

 

$

46

 

$

3,647

 

$

10,045

Foreign currency translation

 

 

(63)

 

 

(53)

 

 

(9)

 

 

(1)

 

 

(42)

 

 

(168)

Balance as of September 30, 2018

 

$

3,141

 

$

2,211

 

$

875

 

$

45

 

$

3,605

 

$

9,877

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Trademarks

    

 

 

    

Media

    

 

 

 

 

Developed

 

Customer

 

and

 

 

 

 

Contact

 

 

 

 

 

technology

 

relationships

 

trade names

 

Patents

 

Database

 

Total

Accumulated amortization:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Balance as of January 1, 2019

 

$

1,137

 

$

766

 

$

440

 

$

19

 

$

886

 

$

3,248

Amortization expense

 

 

230

 

 

133

 

 

90

 

 

 3

 

 

269

 

 

725

Foreign currency translation

 

 

24

 

 

24

 

 

 2

 

 

 1

 

 

(15)

 

 

36

Balance as of September 30, 2019

 

$

1,391

 

$

923

 

$

532

 

$

23

 

$

1,140

 

$

4,009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Trademarks

    

 

 

    

Media

    

 

 

 

 

Developed

 

Customer

 

and

 

 

 

 

Contact

 

 

 

 

 

technology

 

relationships

 

trade names

 

Patents

 

Database

 

Total

Accumulated amortization:

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

 

 

  

Balance as of January 1, 2018

 

$

902

 

$

645

 

$

330

 

$

15

 

$

547

 

$

2,439

Amortization expense

 

 

238

 

 

139

 

 

91

 

 

 3

 

 

274

 

 

745

Foreign currency translation

 

 

(22)

 

 

(16)

 

 

(3)

 

 

 1

 

 

(10)

 

 

(50)

Balance as of September 30, 2018

 

$

1,118

 

$

768

 

$

418

 

$

19

 

$

811

 

$

3,134

 

Schedule of estimated amortization expense for intangible assets

As of the date hereof, estimated amortization expense for intangible assets after September 30, 2019 is as follows (in thousands):

 

 

 

 

 

Year

    

Amortization

2019

 

$

240

2020

 

 

893

2021

 

 

893

2022

 

 

893

2023

 

 

893

Thereafter

 

 

1,785

 

 

$

5,597