Quarterly report pursuant to Section 13 or 15(d)

GOODWILL & INTANGIBLE ASSETS (Tables)

v3.21.1
GOODWILL & INTANGIBLE ASSETS (Tables)
3 Months Ended
Mar. 31, 2021
GOODWILL & INTANGIBLE ASSETS  
Schedule of goodwill activity

(in thousands)

Balance at December 31, 2019

$

2,252

Balance at December 31, 2020

$

2,252

Acquisition of EnvisionTEC

199,056

Balance at March 31, 2021

$

201,308

Schedule of intangible assets

Intangible assets consisted of the following (in thousands):

    

    

    

Accumulated

    

Balance

Gross Value

Estimated Life

Amortization

March 31, 2021

Acquired technology

$

87,993

5 – 12 years

$

2,688

$

85,305

Trade name

8,600

13 years

81

8,519

Customer relationships

50,900

10 years

621

50,279

Total intangible assets

$

147,493

$

3,390

$

144,103