| Intangible Assets |
The following table presents details of our
purchased intangible assets as of September 30, 2019 and December 31, 2018:
| |
|
Balance at
December 31,
2018 |
|
Additions |
|
Impairments |
|
Amortization |
|
Fx and Other |
|
Balance at
September 30,
2019 |
| Patents and trademarks |
|
$ |
104,986 |
|
$ |
10,425 |
|
$ |
(21,400) |
|
$ |
(9,589) |
|
$ |
150 |
|
$ |
84,572 |
| Customer and merchant relationships |
|
|
836,088 |
|
|
- |
|
|
- |
|
|
(72,639) |
|
|
- |
|
|
763,449 |
| Trade name |
|
|
59,996 |
|
|
- |
|
|
- |
|
|
(6,961) |
|
|
14 |
|
|
53,049 |
| Acquired technology |
|
|
161,092 |
|
|
- |
|
|
- |
|
|
(12,225) |
|
|
- |
|
|
148,867 |
| Non-compete agreements |
|
|
76,791 |
|
|
- |
|
|
- |
|
|
(11,895) |
|
|
- |
|
|
64,896 |
| |
|
$ |
1,238,953 |
|
$ |
10,425 |
|
$ |
(21,400) |
|
$ |
(113,309) |
|
$ |
164 |
|
$ |
1,114,833 |
|
| Future Amortization Intangible Assets |
The estimated future amortization expense of
our intangible assets as of September 30, 2019 is as follows:
| Year ending December 31, |
|
Amount |
| 2019 |
|
$ |
37,769 |
| 2020 |
|
|
150,154 |
| 2021 |
|
|
147,258 |
| 2022 |
|
|
147,208 |
| 2023 |
|
|
140,600 |
| Thereafter |
|
|
491,844 |
| Total |
|
$ |
1,114,833 |
|