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Intangible Assets
9 Months Ended
Sep. 30, 2021
Intangible Assets  
Intangible Assets

5. Intangible Assets

 

Intangible assets as of September 30, 2021 and December 31, 2020 consisted of the following:

 

 

 

Estimated useful lives (years)

 

 

September 30, 2021

 

 

December 31, 2020

 

Tradename

 

 5

to

7

 

 

$

555

 

 

$

555

 

Patents and technological know-how

 

10

 to

20

 

 

 

30,994

 

 

 

25,427

 

Proprietary software

 

 3

to

15

 

 

 

2,981

 

 

 

2,981

 

Other

 

 3

to

5

 

 

 

323

 

 

 

323

 

Total intangible assets

 

 

 

 

 

 

 

34,853

 

 

 

29,286

 

Accumulated amortization

 

 

 

 

 

 

 

(11,674

)

 

 

(10,038

)

Total intangible assets, net

 

 

 

 

 

 

$

23,179

 

 

$

19,248

 

 

The amortization of intangible assets for the three months ended September 30, 2021 and 2020 was as follows: 

 

 

 

Three months ended September 30,

 


Nine months ended September 30,


 

 

2021

 

 

2020

 


2021



2020


Amortization of intangible assets

 

$

582

 

 

$

446

 


$ 1,636

$ 1,220

 

The estimated future amortization expense of intangible assets is as follows:

 

Years ending December 31,

 

Amount

 

2021 (Remainder)

 

$

611

 

2022

 

 

2,445

 

2023

 

 

2,438

 

2024

 

 

2,174

 

2025

 

 

2,113

 

Thereafter

 

 

13,398

 

Total

 

 

23,179