|12 Months Ended|
Dec. 31, 2020
9. ACQUIRED TECHNOLOGY
Acquired technology consisted of the following (in thousands):
The Company recognized $0.8 million and $0.3 million of amortization expense as of December 31, 2020 and 2019, respectively, and expects to recognize $2.0 million of amortization expense annually in the years ended December 31, 2021 through 2023, $1.8 million in 2024, and $1.3 million in 2025. The weighted-average remaining amortization period is 4.6 years.
The entire disclosure for all or part of the information related to intangible assets.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef