v3.20.4
Goodwill and intangible assets
12 Months Ended
Dec. 31, 2020
Goodwill and intangible assets  
Goodwill and intangible assets

9. Goodwill and intangible assets

Goodwill

The following table sets forth the changes in our goodwill balance, for all periods presented:

    

Goodwill

Balance at December 31, 2018

$

59,640

Measurement period adjustments for acquisition of Elauwit

 

(1,061)

Balance at December 31, 2019

$

58,579

Intangible assets

The following table sets forth the changes in our intangible assets balance, for all periods presented:

    

Intangible

Assets

Balance at December 31, 2018

 

$

19,152

Measurement period adjustments for acquisition of Elauwit

(48)

Reclassification of assets held for sale, net

407

Amortization expense

 

(4,571)

Balance, December 31, 2019

 

14,940

Amortization expense

 

(4,288)

Balance, December 31, 2020

$

10,652

Intangible assets at December 31, 2020 consist of the following:                                                                       

Historical

Accumulated

    

Cost

    

Amortization

    

Net

Venue contracts

$

19,710

$

(16,030)

$

3,680

Backlog

7,388

(3,578)

3,810

Customer and partner relationships

3,780

(962)

2,818

Non-compete agreements, technology and other

 

2,134

 

(1,790)

 

344

Total intangible assets

$

33,012

$

(22,360)

$

10,652

Intangible assets at December 31, 2019 consist of the following:                                                         

Historical

Accumulated

    

Cost

    

Amortization

    

Net

Venue contracts

$

20,431

$

(15,247)

$

5,184

Backlog

7,388

(2,104)

5,284

Customer and partner relationships

3,780

(584)

3,196

Non-compete agreements, technology and other

 

4,814

 

(3,538)

 

1,276

Total intangible assets

$

36,413

$

(21,473)

$

14,940

9. Goodwill and intangible assets (Continued)

The decrease in our intangible assets cost and accumulated amortization balances from 2019 to 2020 is primarily related to the write-off of intangible assets that have expired.

Amortization expense for fiscal years 2021 through 2025 and thereafter is as follows:

    

Amortization

Year

Expense

2021

$

3,556

2022

 

3,095

2023

 

1,901

2024

 

681

2025

 

416

Thereafter

 

1,003

$

10,652