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

Note 6 - Intangible Assets

6 Months Ended

Jun. 30, 2019

6 .	Intangible Assets

The carrying amount and accumulated amortization of intangible assets is comprised of the following (in thousands):

	June 30, 2019							December 31, 2018
	Gross Assets		Accumulated Amortization			Net		Gross Assets		Accumulated Amortization			Net
Nonamortizable intangible assets
Trade names	$	2,000	$	-		$	2,000	$	2,000	$	-		$	2,000
Amortizable intangible assets:
Trade names		23		(23	)		-		23		(23	)		-
Physician and customer relationships		36,534		(25,362	)		11,172		36,534		(24,175	)		12,359
Non-competition agreements		1,136		(1,136	)		-		1,136		(1,136	)		-
Software		11,230		(6,786	)		4,444		11,230		(5,724	)		5,506

Total nonamortizable and amortizable intangible assets	$	50,923	$	(33,307	)	$	17,616	$	50,923	$	(31,058	)	$	19,865

Amortization expense for the

three

and

six

months ended

June 30, 2019

was

$1.1

million and

$2.2

million, respectively, compared to

$1.2

million and

$2.4

million for the same prior year periods, respectively. Expected annual amortization expense for intangible assets recorded as of

June 30, 2019

is as follows (in thousands):