Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.21.2
Intangible Assets
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes the carrying amount of intangible assets, net of accumulated amortization.
June 30, 2021
(in thousands) Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents $ 1,500  $ (1,150) $ 350 
Acquired intellectual property and reacquired rights 15,125  (8,287) 6,838 
Internal-use software implementation costs 2,714  (611) 2,103 
$ 19,339  $ (10,048) $ 9,291 
December 31, 2020
(in thousands) Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents $ 1,651  $ (1,203) $ 448 
Acquired intellectual property and reacquired rights 15,126  (7,770) 7,356 
Internal-use software implementation costs 1,675  (147) 1,528 
$ 18,452  $ (9,120) $ 9,332 
Amortization expense for the three months ended June 30, 2021 and 2020 was $0.5 million and $0.3 million, respectively, and for the six months ended June 30, 2021 and 2020 was $1.1 million and $0.6 million, respectively.