Inogen, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Identifiable Intangible Assets (Tables)

Goodwill and Other Identifiable Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2021 and 2020 were as follows:

(amounts in thousands)
Balance as of December 31, 2019		$	32,954
Translation adjustment			211
Balance as of December 31, 2020		$	33,165
Translation adjustment			(186	)
Balance as of December 31, 2021		$	32,979

As of December 31, 2021, the Company had no accumulated impairment losses related to goodwill.

Schedule of Amortization Expense for Intangible Assets

Amortization expense for intangible assets for the years ended December 31, 2021, 2020 and 2019 was as follows:

		Years ended December 31,
(amounts in thousands)		2021				2020				2019
Research and development expense		$	7,813			$	7,800			$	2,914
Sales and marketing expense			181				204				175
General and administrative expense			781				1,000				1,071
Total		$	8,775			$	9,004			$	4,160

Summary of Changes in Net Carrying Values of Intangibles

The following tables represent the changes in net carrying values of the intangibles as of the respective dates:

		Average
		estimated		Gross
(amounts in thousands)		useful lives		carrying				Accumulated
December 31, 2021		(in years)		amount				amortization				Net amount
Technology		10		$	77,700			$	18,454			$	59,246
Licenses		10			185				180				5
Patents and websites		5			4,519				3,746				773
Customer relationships		4			1,361				1,361				—
Commercials		2-3			799				676				123
Total				$	84,564			$	24,417			$	60,147


		Average
		estimated		Gross
(amounts in thousands)		useful lives		carrying				Accumulated
December 31, 2020		(in years)		amount				amortization				Net amount
Technology		10		$	77,700			$	10,684			$	67,016
Licenses		10			185				174				11
Patents and websites		5			4,488				3,015				1,473
Customer relationships		4			1,474				1,351				123
Commercials		2-3			733				559				174
Total				$	84,580			$	15,783			$	68,797

Schedule of Annual Estimated Amortization Expense

Annual estimated amortization expense for each of the succeeding fiscal years is as follows:

		December 31,
(amounts in thousands)		2021
2022		$	8,484
2023			7,881
2024			7,833
2025			7,783
2026			7,770
Thereafter			20,396
Total		$	60,147