Annual report pursuant to Section 13 and 15(d)

Intangible Assets, Net (Tables)

v3.21.1
Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible assets
Intellectual Property Accumulated Amortization Total
Balance as of January 1, 2019 $ 32,080 $ (2,406 ) $ 29,674
Purchases of intangibles 4,335
-
4,335
Amortization expense
-
-
-
Balance as of December 31, 2019 36,415 (2,406 ) 34,009
Purchases of intangibles 750
-
750
Amortization expense

-

(3,941 ) (3,941 )
Balance as of December 31, 2020 $ 37,165 $ (6,347 ) $ 30,818
Weighted average remaining amortization period at December 31, 2020 (in years) 7.7

Schedule of estimated future amortization expense
Years Ended December 31,
2021 3,991
2022 3,991
2023 3,991
2024 3,991
2025 3,991
Thereafter 10,863
$ 30,818