Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

v3.20.4
GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
 12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Finite-Lived Intangible Assets by Major Class
The following table summarizes the gross carrying amounts and accumulated amortization of intangible assets by major class (in thousands):
December 31, 2020
Intangible assets subject to amortization
(Definite-lived)		 Gross Accumulated
Amortization		 Net
Customer relationships $ 16,852  $ (7,022) $ 9,830 
Non-compete agreements 94  (94) — 
Licenses and permits 1,471  (707) 764 
Developed technology 6,131  (3,832) 2,299 
Total $ 24,548  $ (11,655) $ 12,893 
December 31, 2019
Intangible assets subject to amortization
(Definite-lived)		 Gross Accumulated
Amortization		 Net
Customer relationships $ 16,852  $ (5,898) $ 10,954 
Non-compete agreements 94  (94) — 
Licenses and permits 1,471  (601) 870 
Developed technology 6,131  (3,219) 2,912 
Total $ 24,548  $ (9,812) $ 14,736 
Schedule of Expected Future Amortization Expenses
Based on identified intangible assets that are subject to amortization as of December 31, 2020, we expect future amortization expenses for each period to be as follows (in thousands):
Total 2021 2022 2023 2024 2025 Thereafter
Customer relationships $ 9,830  $ 1,123  $ 1,123  $ 1,123  $ 1,123  $ 1,123  $ 4,215 
Licenses and permits 764  101  86  86  86  86  319 
Developed technology 2,299  613  613  613  460  —  — 
Total future amortization expense $ 12,893  $ 1,837  $ 1,822  $ 1,822  $ 1,669  $ 1,209  $ 4,534