Annual report pursuant to Section 13 and 15(d)

Intangible Assets, Net (Tables)

v3.22.4
Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets Net

Intangible assets as of December 31, 2022 and 2021 are as follows (in thousands):

 

December 31, 2022

 

 

Gross

 

 

Accumulated Amortization

 

 

Net

 

Customer relationships

$

22,970

 

 

$

(2,760

)

 

$

20,210

 

Acquired software technology

 

7,140

 

 

 

(1,015

)

 

 

6,125

 

Patents

 

1,227

 

 

 

(1,133

)

 

 

94

 

Tradename

 

1,000

 

 

 

(111

)

 

 

889

 

  Total intangible assets, net

$

32,337

 

 

$

(5,019

)

 

$

27,318

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

Gross

 

 

Accumulated Amortization

 

 

Net

 

Customer relationships

$

14,570

 

 

$

(1,131

)

 

$

13,439

 

Patents

 

1,214

 

 

 

(1,089

)

 

 

125

 

  Total intangible assets, net

$

15,784

 

 

$

(2,220

)

 

$

13,564

 

Schedule of Future Intangible Asset Amortization

The following table presents future intangible asset amortization as of December 31, 2022 (in thousands):

2023

 

$

2,657

 

2024

 

 

2,649

 

2025

 

 

2,633

 

2026

 

 

2,594

 

2027

 

 

2,594

 

Thereafter

 

 

14,191

 

Total

 

$

27,318