RMG Networks Holding Corp - 10-K filing on 2017-03-02

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying value intangible assets

The carrying value of the Company’s intangible assets at December 31, 2016 were as follows:


		Weighted
		Average		Gross									Net
(in thousands)		Amortization		Carrying			Accumulated			Charge for			Carrying
		Period (Years)		Amount			Amortization			Impairments			Amount
Software and technology		2		$	4,108		$	(2,054)		$	—		$	2,054
Customer relationships		4			7,089			(2,363)			—			4,726
Total				$	11,197		$	(4,417)		$	—		$	6,780

The carrying values of the Company’s intangible assets at December 31, 2015, were as follows:


		Weighted
		Average		Gross									Net
(in thousands)		Amortization		Carrying			Accumulated			Charge for			Carrying
		Period (Years)		Amount			Amortization			Impairments			Amount
Software and technology		3		$	4,108		$	(1,027)		$	—		$	3,081
Customer relationships		5			7,089			(1,182)			—			5,907
Customer order backlog		—			322			(322)			—			—
Total				$	11,519		$	(2,531)		$	—		$	8,988

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Future amortization expense for these assets for the five years ending December 31 and thereafter is as follows:


(in thousands)
2017		$	2,208
2018			2,208
2019			1,182
2020			1,182
2021			—
Thereafter			—
Total		$	6,780