Quarterly report pursuant to Section 13 or 15(d)

Licensed Technology (Tables)

v3.19.3
Licensed Technology (Tables)
 9 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Licensed Technology

Licensed technology consists of the following:

 

   

September 30,

2019

    

December 31,

2018

  
Licensed technology   $ 42,606,000     $ 44,859,000  
Less accumulated amortization     5,135,000       1,817,000  
Licensed technology, net   $ 37,471,000     $ 43,042,000  

Schedule of Amortization Expense for Intangible Assets

The aggregate estimated amortization expense for intangible assets remaining as of September 30, 2019 is as follows:

 

2019, remainder   $ 1,293,000  
2020     5,167,000  
2021     5,167,000  
2022     5,167,000  
2023     5,167,000  
Thereafter     15,510,000  
Total   $ 37,471,000