XML 50 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets  
Schedule of Goodwill

The changes in the carrying amount of goodwill for the year ended December 31, 2022 were as follows (in thousands):

    

    

Software and

    

TASER

Sensors

Total

Balance, beginning of period

$

1,396

$

42,196

$

43,592

Goodwill acquired

1,674

1,674

Purchase accounting adjustments

(58)

(58)

Foreign currency translation adjustments

 

(113)

 

(112)

 

(225)

Balance, end of period

$

2,957

$

42,026

$

44,983

Intangible Assets Other than goodwill

Intangible assets (other than goodwill) consisted of the following (in thousands):

December 31, 2022

December 31, 2021

    

    

Gross

    

    

Net

    

Gross

    

    

Net

Useful

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

Life

Amount

Amortization

Amount

Amount

Amortization

Amount

Amortizable (definite-lived) intangible assets:

 

  

 

  

 

  

 

  

 

  

Domain names

 

5 ‑ 10 years

$

3,043

$

(1,823)

$

1,220

$

3,043

$

(1,518)

$

1,525

Issued patents

 

5 ‑ 25 years

 

2,981

 

(1,507)

 

1,474

 

3,061

 

(1,457)

 

1,604

Issued trademarks

 

3 ‑ 15 years

 

1,119

 

(713)

 

406

 

1,130

 

(643)

 

487

Customer relationships

 

4 ‑ 8 years

 

4,892

 

(2,995)

 

1,897

 

4,985

 

(2,439)

 

2,546

Non-compete agreements

 

3 ‑ 4 years

 

447

 

(447)

 

 

454

 

(444)

 

10

Developed technology

 

3 ‑ 5 years

 

18,586

 

(13,244)

 

5,342

 

18,060

 

(10,465)

 

7,595

Total amortizable

 

  

 

31,068

 

(20,729)

 

10,339

 

30,733

 

(16,966)

 

13,767

Non-amortizable (indefinite-lived) intangible assets:

 

  

 

  

 

  

 

  

 

  

TASER trademark

 

  

 

900

 

 

900

 

900

 

 

900

My90 trademark

168

168

168

168

Patents and trademarks pending

 

  

 

751

 

 

751

 

635

 

 

635

Total non-amortizable

 

  

 

1,819

 

 

1,819

 

1,703

 

 

1,703

Total intangible assets

 

  

$

32,887

$

(20,729)

$

12,158

$

32,436

$

(16,966)

$

15,470

Estimated Amortization Expense of Intangible Assets Estimated amortization for intangible assets with definitive lives for the next five years ended December 31, and thereafter, is as follows (in thousands):

2023

    

$

3,786

2024

 

3,722

2025

 

887

2026

 

688

2027

 

354

Thereafter

 

902

Total

$

10,339