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Goodwill and Intangible Assets | 3 Months Ended
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Mar. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Note 7. Goodwill and Intangible Assets The change in the carrying amount of goodwill during the three months ended March 31, 2021 is as follows (in thousands):
Goodwill as of December 31, 2020 |  | $ | 3,700 |
Goodwill from NimbeLink acquisition |  |  | 7,145 |
Goodwill as of March 31, 2021 |  | $ | 10,845 |
The following is a summary of the Company’s acquired intangible assets (dollars in thousands):
|  | Weighted average amortization period (years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Intangibles, net |
March 31, 2021 |  |  |  |  |  |  |  |  |  |  |
Market related intangibles |  | 5 |  | $ | 1,700 |  |  | $ | 80 |  |  | $ | 1,620 |
Customer relationships |  | 7 |  |  | 13,780 |  |  |  | 2,743 |  |  |  | 11,037 |
Developed technologies |  | 11 |  |  | 3,680 |  |  |  | 622 |  |  |  | 3,058 |
In process research and development |  | N/A |  |  | 700 |  |  |  | — |  |  |  | 700 |
Covenants to non-compete |  | 2 |  |  | 115 |  |  |  | 13 |  |  |  | 102 |
Tradenames |  | 4 |  |  | 120 |  |  |  | 120 |  |  |  | — |
Total intangible assets, net |  |  |  | $ | 20,095 |  |  | $ | 3,578 |  |  | $ | 16,517 |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 10 |  | $ | 4,830 |  |  | $ | 2,203 |  |  | $ | 2,627 |
Developed technologies |  | 9 |  |  | 1,080 |  |  |  | 539 |  |  |  | 541 |
Tradename |  | 3 |  |  | 120 |  |  |  | 120 |  |  |  | — |
Total intangible assets, net |  |  |  | $ | 6,030 |  |  | $ | 2,862 |  |  | $ | 3,168 |
The estimated annual amortization of intangible assets for the next five years and thereafter is shown in the following table (in thousands):
|  | Estimated future amortization |
2021 (remaining nine months) |  | $ | 2,286 |
2022 |  |  | 3,026 |
2023 |  |  | 2,969 |
2024 |  |  | 2,968 |
2025 |  |  | 2,955 |
Thereafter |  |  | 2,313 |
Total |  | $ | 16,517 |
Actual amortization expense to be reported in future periods could differ from these estimates as a result of acquisitions, divestitures, and asset impairments, among other factors. Amortization expense was $0.7 million and $0.2 million for the three months ended March 31, 2021 and 2020, respectively.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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