Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill and Intangible Assets

Goodwill

The carrying amount of indefinite-lived goodwill was $5.7 million as of March 31, 2022 and December 31, 2021.

Intangible Assets

The following table sets forth amounts recorded for intangible assets subject to amortization (in thousands):

		At March 31, 2022						At December 31, 2021
	Weighted Average Estimated Useful Life (years)	Gross Value		Accumulated Amortization		Net Carrying Value		Gross Value		Accumulated Amortization		Net Carrying Value
Acquired software technology	3	$	3,500	$	(1,653)	$	1,847	$	3,500	$	(1,361)	$	2,139
Customer relationships	5	270		(76)		194		270		(63)		207
Total		$	3,770	$	(1,729)	$	2,041	$	3,770	$	(1,424)	$	2,346

Amortization expense for intangible assets presented above was $0.3 million for each of the three months ended March 31, 2022 and 2021.

At March 31, 2022, estimated amortization expense for intangible assets for each of the five years thereafter was as follows (in thousands):

Remainder of 2022	$	916
2023	1,026
2024	54
2025	45
Total	$	2,041