Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table presents goodwill as of June 30, 2023 (in thousands):

	June 30, 2023
Balance at beginning of period	$	3,881
Additions from acquisition		15,590
Foreign currency translation adjustment		45
Total	$	19,516

Schedule of Intangible Assets

As of June 30, 2023, intangible assets comprised of the following (in thousands):

	Estimated Useful Life in Years	Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Backlog	0.25		764		(764	)		—
Customer Relationships	1		3,656		(914	)		2,742
Developed Technology	7.25		12,876		(443	)		12,433
Patent	3		250		—			250
Tradename	8		1,200		(38	)		1,162
Total definite-lived intangible assets (1)			18,746		(2,159	)		16,587
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation

Schedule of Estimated Intangible Asset Amortization Expense

As of June 30, 2023, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:

	Estimated Amortization
	(in thousands)
Remainder of 2023	$	2,833
2024		2,923
2025		2,009
2026		1,968
2027		1,926
Thereafter		4,928
Total	$	16,587