Airgain, Inc. Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

The following is a summary of the Company’s acquired intangible assets (dollars in thousands):

	Weighted Average Amortization Period (years)		Gross Carrying Amount		Accumulated Amortization		Intangibles, Net
September 30, 2019
Customer relationships		10	$	4,830	$	1,599	$	3,231
Developed technologies		9		1,080		374		706
Tradename		3		120		96		24
Total intangible assets, net			$	6,030	$	2,069	$	3,961


December 31, 2018
Customer relationships		10	$	4,830	$	1,237	$	3,593
Developed technologies		9		1,080		274		806
Tradename		3		120		67		53
Total intangible assets, net			$	6,030	$	1,578	$	4,452

The estimated annual amortization of intangible assets for the next five years and thereafter is shown

in the following table (in thousands):

	Estimated Future Amortization
2019 (remaining three months)	$	164
2020		628
2021		598
2022		563
2023		563
Thereafter		1,445
Total	$	3,961