Annual report pursuant to Section 13 and 15(d)

LICENSED TECHNOLOGY (Tables)

v3.19.1
LICENSED TECHNOLOGY (Tables)
12 Months Ended
Dec. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of licensed technology
Licensed technology consists of the following:
 
 
 
December 31,
2018
 
 
December 31,
2017
 
Licensed technology
 
$
44,859,000
 
 
$
4,608,000
 
Less accumulated amortization
 
 
1,817,000
 
 
 
631,000
 
Licensed technology, net
 
$
43,042,000
 
 
$
3,977,000
 
Amortization expense for intangible assets
The aggregate estimated amortization expense for intangible assets remaining as of December 31, 2018 is as follows (in thousands):
 
2019
 
$
5,378,000
 
2020
 
 
5,378,000
 
2021
 
 
5,378,000
 
2022
 
 
5,378,000
 
2023
 
 
5,378,000
 
Thereafter
 
 
16,152,000
 
Total
 
$
43,042,000