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4. Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
4. Goodwill and Other Intangible Assets

The Company’s goodwill balance of $1,084,000 and $1,179,000 as of December 31, 2014 and 2013, respectively, primarily relates to the purchase of NTN Canada. The Company performed its annual assessment of goodwill impairment for NTN Canada as of December 31, 2014, and it was determined that there were no indications of impairment.

 

The Company also has other intangible assets comprised predominantly of developed technology, trivia databases, trademarks, and acquired customer relationships. The Company performed its annual review of its other intangible assets and determined that certain fully amortized acquired intangible assets no longer had an economic benefit to the Company and therefore disposed of these assets during the year ended December 31, 2014. There were no indications of impairment for the year ended December 31, 2013.

 

The weighted average remaining useful life for all intangible assets is 2.6 years as of December 31, 2014. Amortization expense relating to all intangible assets totaled $181,000 and $418,000 for the years ended December 31, 2014 and 2013, respectively.

  

As of December 31, 2014 and 2013, intangible assets with estimable lives were comprised of the following:

 

   December 31, 2014   December 31, 2013 
   Gross Carrying
Value
   Accumulated
Amortization
   Net Book
Value
   Gross Carrying
Value
   Accumulated
Amortization
   Net Book
Value
 
Acquired technology  $150,000   $(21,000)  $129,000   $599,000   $(559,000)  $40,000 
Acquired customer lists   435,000    (435,000)       545,000    (425,000)   120,000 
Trivia database   384,000    (384,000)       417,000    (417,000)    
Trademarks and trademark licenses   67,000    (67,000)       67,000    (67,000)    
Acquired subscription customers               874,000    (874,000)    
Acquired advertising customers               302,000    (302,000)    
                               
Total  $1,036,000   $(907,000)  $129,000   $2,804,000   $(2,644,000)  $160,000 

 

The estimated aggregate amortization expense relating to the Company’s intangible assets for the succeeding years is as follows:

 

Year Ending  Estimated Aggregate
Amortization Expense
 
2015  $50,000 
2016   50,000 
2017   29,000 
Total  $129,000