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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Activity in Goodwill

The following table summarizes the activity in goodwill (in thousands):

 

 

 

Premises

 

 

Identity

 

 

Total

 

Balance as of December 31, 2019

 

$

6,684

 

 

$

3,554

 

 

$

10,238

 

Currency translation adjustment

 

 

(100

)

 

 

 

 

 

(100

)

Balance as of March 31, 2020

 

$

6,584

 

 

$

3,554

 

 

$

10,138

 

Summary of Gross Carrying Amount and Accumulated Amortization for Intangible Assets Resulting from Acquisitions

The following table summarizes the gross carrying amount and accumulated amortization for intangible assets resulting from acquisitions (in thousands):

 

 

 

 

 

 

 

Developed

 

 

Customer

 

 

 

 

 

 

 

Trademarks

 

 

Technology

 

 

Relationships

 

 

Total

 

Amortization period (in years)

 

5

 

 

10 – 12

 

 

4 – 12

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount as of March 31, 2020

 

$

749

 

 

$

9,054

 

 

$

15,712

 

 

$

25,515

 

Accumulated amortization

 

 

(267

)

 

 

(5,098

)

 

 

(10,808

)

 

 

(16,173

)

Intangible assets, net as of March 31, 2020

 

$

482

 

 

$

3,956

 

 

$

4,904

 

 

$

9,342

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount as of December 31, 2019

 

$

763

 

 

$

9,109

 

 

$

15,763

 

 

$

25,635

 

Accumulated amortization

 

 

(229

)

 

 

(4,873

)

 

 

(10,429

)

 

 

(15,531

)

Intangible assets, net as of December 31, 2019

 

$

534

 

 

$

4,236

 

 

$

5,334

 

 

$

10,104

 

Amortization Expense Included in Condensed Consolidated Statements of Operations

The following table illustrates the amortization expense included in the condensed consolidated statements of operations for the three months ended March 31, 2020 and 2019, respectively (in thousands):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2020

 

 

2019

 

Cost of revenue

 

$

224

 

 

$

224

 

Selling and marketing

 

 

418

 

 

 

418

 

Total

 

$

642

 

 

$

642

 

 

Estimated Future Amortization Expense of Purchased Intangible Assets with Definite Lives

The estimated annual future amortization expense for purchased intangible assets with definite lives as of March 31, 2020 was as follows (in thousands):

 

2020 (remaining nine months)

 

$

1,917

 

2021

 

 

1,101

 

2022

 

 

1,101

 

2023

 

 

1,024

 

2024

 

 

951

 

Thereafter

 

 

3,248

 

Total

 

$

9,342