GOODWILL AND INTANGIBLE ASSETS, NET

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

(9)	GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill

The following table presents the changes in the carrying amount of goodwill for the Space Systems reportable segment for the six months ended June 30, 2021:


Balance at December 31, 2020	$	3,133
Foreign currency translation adjustment		144

Balance at June 30, 2021	$	3,277

Intangible Assets

The components of intangible assets consisted of the following as of June 30, 2021:


	June 30, 2021
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-Lived Intangible Assets
Developed technology	$	10,414	$	(1,748)		$	8,666
Capitalized software		3,758		(2,683	)		1,075
Customer relationships		679		(266	)		413
Non-compete agreement		226		(67	)		159
Capitalized intellectual property		225		(66	)		159
Trademarks and tradenames		153		(49	)		104
Indefinite-Lived Intangible Assets
In-process research and development		113		—			113

Total	$	15,568	$	(4,879	)	$	10,689

Amortization expense recorded in the condensed consolidated statements of operations and comprehensive loss during the six months ended June 30, 2021 and 2020, respectively consisted of the following:


	Six-Months Ended June 30,
Amortization expense	2021		2020
Cost of revenues.	$	236	$	141
Research and development, net		743		12
Selling, general and administrative		313		513

Total amortization expense		1,292		666

The following table outlines the estimated future amortization expense related to intangible assets held as of June 30, 2021:


2021 (for the remaining period)	$	1,190
2022		2,112
2023		1,768
2024		1,624
2025		1,523
Thereafter		2,472

Total	$	10,689

9.	GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill

The following table presents the changes in the carrying amount of goodwill by reportable segment for the years ended December 31:


	Launch Services		Space Systems		Total
Balance at December 31, 2019	$	—	$	—	$	—
Acquisitions		—		2,895		2,895
Foreign currency translation adjustment		—		238		238

Balance at December 31, 2020	$	—	$	3,133	$	3,133

Intangible Assets

The components of intangible assets consisted of the following as of December 31:


	2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-Lived Intangible Assets
Developed technology	$	10,090	$	(973	)	$	9,117
Capitalized software		3,541		(2,379	)		1,162
Customer relationships		658		(148	)		510
Non-compete agreement		219		(37	)		182
Capitalized intellectual property		199		(51	)		148
Trademarks and tradenames		149		(29	)		120
Backlog		55		(55	)		—
Indefinite-Lived Intangible Assets
In-process research and development		110		—			110

Total	$	15,021	$	(3,672	)	$	11,349


	2019
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite-Lived Intangible Assets
Capitalized software	$	2,259	$	(1,118	)	$	1,141
Capitalized intellectual property		329		(141	)		188

Total	$	2,588	$	(1,259	)	$	1,329

Amortization expense was approximately $2,222 and $746 during the years ended December 31, 2020 and 2019, respectively.

The following table outlines the estimated future amortization expense related to finite intangible assets held as of December 31:


2021	$	2,353
2022		2,040
2023		1,717
2024		1,533
2025		1,484
Thereafter		2,112

Total	$	11,239