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Intangibles
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles

Note 8. Intangibles

 

Intangible assets consist of developed technology acquired during 2019. The gross value of $863 is being amortized over a useful life of 4 years. Accumulated amortization was $270 at December 31, 2020.

 

Approximate annual aggregate amortization expense of the intangibles for the years subsequent to December 31, 2020 is as follows:

 

Year ending December 31:    
2021  $216 
2022   216 
2023   161 
Total amortization  $593 

 

Amortization expense recognized on intangible assets was $216 and $72 for the years ended December 31, 2020 and 2019, respectively.