Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, net

Intangible Assets, net

3 Months Ended

Mar. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, Net

Note 7. Intangible Assets, net

Intangible assets are as follows (in thousands):


	March 31, 2021
		Gross				Accumulated Amortization				Net
Customer relationships		$	14,570			$	(393	)		$	14,177
Patents			1,172				(1,054	)			118
Total intangible assets, net		$	15,742			$	(1,447	)		$	14,294

	December 31, 2020
		Gross				Accumulated Amortization				Net
Customer relationships		$	14,570			$	(147	)		$	14,423
Patents			1,158				(1,041	)			117
Total intangible assets, net		$	15,728			$	(1,188	)		$	14,540

Intangible amortization expense was $259,000 and $24,000 for the three months ended March 31, 2021 and 2020, respectively.

The following table presents future intangible asset amortization as of March 31, 2021 (in thousands):


Remainder of 2021		$	791
2022			1,027
2023			1,005
2024			983
2025			978
Thereafter			9,510
Total		$	14,294