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Goodwill and Intangible Assets | 6 Months Ended
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Jun. 30, 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 was as follows (in thousands):
Goodwill as of December 31, 2020 |  | $ | 3,700 |
Goodwill from NimbeLink acquisition |  |  | 7,145 |
Goodwill as of June 30, 2021 |  | $ | 10,845 |
The following is a summary of the Company’s acquired intangible assets (dollars in thousands):
|  | June 30, 2021 |  |  | December 31, 2020 |
|  | Weighted average amortization period (in years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |  |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |
Market related intangibles |  | 5 |  | $ | 1,820 |  |  | $ | 285 |  |  | $ | 1,535 |  |  | $ | 120 |  |  | $ | 120 |  |  | $ | — |
Customer relationships |  | 7 |  |  | 13,780 |  |  |  | 3,310 |  |  |  | 10,470 |  |  |  | 4,830 |  |  |  | 2,203 |  |  |  | 2,627 |
Developed technologies |  | 11 |  |  | 4,380 |  |  |  | 722 |  |  |  | 3,658 |  |  |  | 1,080 |  |  |  | 539 |  |  |  | 541 |
Covenants to non-compete |  | 2 |  |  | 115 |  |  |  | 28 |  |  |  | 87 |  |  |  | — |  |  |  | — |  |  |  | — |
Total intangible assets, net |  |  |  | $ | 20,095 |  |  | $ | 4,345 |  |  | $ | 15,750 |  |  | $ | 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 six months) |  | $ | 1,522 |
2022 |  |  | 3,026 |
2023 |  |  | 2,968 |
2024 |  |  | 2,968 |
2025 |  |  | 2,958 |
Thereafter |  |  | 2,308 |
Total |  | $ | 15,750 |
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 $0.8 million and $0.2 million for the three months ended June 30, 2021 and 2020, respectively and $1.5 million and $0.3 million for the six months ended June 30, 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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