Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the activity related to goodwill (in thousands):

	September 30,
	2023		2022
Balance at beginning of period, gross	$	13,597	$	7,148
Accumulated impairment at beginning of period	(1,003)		(1,003)
Goodwill from acquisitions	—		13,268
Foreign currency exchange impact	—		7
Balance at end of period	$	12,594	$	19,420

Schedule of Intangible Assets

Intangible assets consisted of the following (in thousands):

	September 30, 2023
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	24,330	$	(6,834)	$	17,496
Customer backlog	5,100		(1,157)		3,943
Developed technology	11,207		(5,542)		5,665
In-process research and development	890		(474)		416
Tradenames	300		(40)		260
Total intangible assets, net	$	41,827	$	(14,047)	$	27,780

	December 31, 2022
	Gross Carrying Amount		Accumulated Amortization		Net
Customer relationships	$	24,330	$	(4,759)	$	19,571
Customer backlog	5,100		(506)		4,594
Developed technology	11,207		(4,463)		6,744
In-process research and development	890		(340)		550
Tradenames	300		(17)		283
Total intangible assets, net	$	41,827	$	(10,085)	$	31,742

Future Amortization Expense of Intangible Assets

The following table presents the future amortization expense of the Company’s intangible assets as of September 30, 2023 (in thousands):

Remainder of 2023	$	1,321
2024	5,283
2025	5,278
2026	4,095
2027	3,143
Thereafter	8,660
Total	$	27,780