Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 5 – Intangible Assets

The fair value of intangible assets and their estimated useful lives as of March 31, 2022 are as follows (dollars in thousands):

	Useful Life	Gross Amount		Accumulated Amortization		Net Book Value
Customer relationships	8 and 10 years	$	2,680	$	205	$	2,475
Developed technology	5 and years		710		92		618
Trade name trademarks	3 and 7 years		30		5		25
		$	3,420	$	302	$	3,118

During the three months ended March 31, 2022 and 2021 we recorded $

104 and $44 thousand of intangible asset amortization expense, respectively.  We expect to record amortization expense for the remainder of 2022 and each subsequent year as follows (in thousands):

2022	$	311
2023		415
2024		415
2025		412
2026		412
Thereafter		1,153
	$	3,118