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Intangible Assets, net
6 Months Ended
Jun. 30, 2023
Intangible Assets, net [Abstract]  
Intangible Assets, net
Note 7
Intangible Assets, net:
 
Intangible assets consist of the following as of June 30, 2023 and December 31, 2022:
 
 
 
Balance
   
Accumulated
Amortization
   
Intangible
Assets, net
 
June 30, 2023
                 
Core technology
 
$
5,700
   
$
(4,560
)
 
$
1,140
 
Product technology
   
12,182
     
(3,527
)
   
8,655
 
Customer relationships
   
6,900
     
(5,520
)
   
1,380
 
Tradenames
   
1,500
     
(1,200
)
   
300
 
Pharos customer lists
   
5,314
     
(830
)
   
4,484
 
   
$
31,596
   
$
(15,637
)
 
$
15,959
 
                         
December 31, 2022
                       
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
 

Amortization expense was $715 and $740 for the three months ended June 30, 2023 and 2022, respectively. Amortization expense was $1,435 and $1,436 for the six months ended June 30, 2023 and 2022, respectively.
 
Finite-lived intangible assets are tested for impairment when events or changes in circumstances indicate that the carrying value of the asset group may not be recoverable. The Company recognizes an impairment loss when and to the extent that the recoverable amount of an asset group is less than its carrying value. There were no impairment charges for the three and six months ended June 30, 2023 or 2022.

The following table summarizes the estimated future amortization expense for the above intangible assets for the next five years:
 
Remaining 2023
 
$
1,436
 
2024
   
2,871
 
2025
   
2,166
 
2026
   
1,461
 
2027
   
1,461