Intangible Assets |
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Intangible Assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Intangible Assets |
8.Intangible Assets The following provides a breakdown of identifiable intangible assets as of December 31, 2020:
In connection with the acquisitions of Sports Defense, the Company identified intangible assets of $55 thousand representing technology related and customer related intangibles. These assets are being amortized on a straight-line basis over their weighted average estimated useful life of 2.6 years and amortization expense amounted to $8 thousand for the year ended December 31, 2020. As of December 31, 2020, the estimated annual amortization expense for each of the next five fiscal years is as follows:
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