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Intangible Assets and Goodwill
 12 Months Ended
Dec. 31, 2022
Intangible Assets and Goodwill [Abstract]  
Intangible Assets and Goodwill
8. Intangible Assets and Goodwill


Intangible assets consist of the following (in thousands):

December 31, 2022  
Balance
    
Accumulated
Amortization
    
Net Book
Value
  
Core technology
  
$
5,700
    
$
(4,275
)
  
$
1,425
  
Product technology
    
12,182
      
(3,018
)
    
9,164
  
Customer relationships
    
6,900
      
(5,175
)
    
1,725
  
Tradenames
    
1,500
      
(1,125
)
    
375
  
Pharos customer lists
     5,314       (609 )     4,705  
 
  
$
31,596
    
$
(14,202
)
  
$
17,394
  

December 31, 2021  
Balance
    
Accumulated
Amortization
    
Net Book
Value
  
Core technology
  
$
5,700
    
$
(3,705
)
  
$
1,995
  
Product technology
    
2,000
      
(2,000
)
    
—
  
Customer relationships
    
6,900
      
(4,485
)
    
2,415
  
Tradenames
    
1,500
      
(975
)
    
525
  
Pharos customer lists    
5,314
    

(166
)
  

5,148
  
    $ 21,414     $ (11,331 )   $ 10,083  


The Company recorded amortization expense of $2.9 million and $1.6 million during the years ended December 31, 2022 and 2021, respectively.
 

The following table summarizes the estimated future amortization expense for the above intangible assets for the next five years (in thousands):

Years ending December 31:
        
2023
  
$
2,871
  
2024
    
2,871
  
2025
    
2,166
  
2026
    
1,461
  
2027
    
1,461
  


Goodwill consists of the following (in thousands):

   
December 31,
  
   
2022
    
2021
  
Dermatology recurring procedures segment
  
$
7,958
    
$
7,958
  
Dermatology procedures equipment segment
    
845
      
845
  
   
$
8,803
    
$
8,803