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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets  
Schedule of Carrying Amount of Goodwill

The changes in the carrying amount of goodwill as of December 31, 2019 and 2018 were as follows (in thousands):

 

 

 

 

 

Balance as of January 1, 2018

    

$

2,832

Foreign currency translation adjustment

 

 

(107)

Goodwill impairment

 

 

(675)

Balance as of December 31, 2018

 

 

2,050

Foreign currency translation adjustment

 

 

58

Balance as of December 31, 2019

 

$

2,108

 

Schedule of fair value measurement of goodwill

The Company believes it made reasonable estimates and assumptions to calculate the fair value of the reporting unit as of the impairment test measurement date (in thousands):

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

    

Level 1

    

Level 2

    

Level 3

Assets

 

 

  

 

 

  

 

 

  

Goodwill

 

$

 —

 

$

 —

 

$

2,108

 

 

 

 

 

 

 

 

 

 

 

December 31, 2018

    

Level 1

    

Level 2

    

Level 3

Assets

 

 

  

 

 

  

 

 

  

Goodwill

 

$

 —

 

$

 —

 

$

2,050

 

Schedule of company's acquisition-related intangible assets

Information regarding our acquisition-related intangible assets was as follows for the dates indicated (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

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

 

 

(205)

 

 

(183)

 

 

(29)

 

 

(4)

 

 

(101)

 

 

(522)

Balance as of December 31, 2018

 

 

2,999

 

 

2,081

 

 

855

 

 

42

 

 

3,546

 

 

9,523

Foreign currency translation

 

 

109

 

 

96

 

 

16

 

 

 1

 

 

60

 

 

282

Balance as of December 31, 2019

 

$

3,108

 

$

2,177

 

$

871

 

$

43

 

$

3,606

 

$

9,805

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

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

 

 

317

 

 

185

 

 

122

 

 

 5

 

 

367

 

 

996

Foreign currency translation

 

 

(82)

 

 

(64)

 

 

(12)

 

 

(1)

 

 

(28)

 

 

(187)

Balance as of December 31, 2018

 

 

1,137

 

 

766

 

 

440

 

 

19

 

 

886

 

 

3,248

Amortization expense

 

 

305

 

 

178

 

 

120

 

 

 4

 

 

357

 

 

964

Foreign currency translation

 

 

51

 

 

39

 

 

 7

 

 

 1

 

 

18

 

 

116

Balance as of December 31, 2019

 

$

1,493

 

$

983

 

$

567

 

$

24

 

$

1,261

 

$

4,328

 

Schedule of estimated amortization expense for intangible assets

Estimated annual amortization expense for intangible assets subsequent to December 31, 2019 is as follows (in thousands):

 

 

 

 

 

Year

    

Amortization

 

 

 

 

2020

 

$

913

2021

 

 

913

2022

 

 

913

2023

 

 

913

2024

 

 

812

Thereafter

 

 

1,013

 

 

$

5,477