Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Accumulated Amortization by Category

Intangible assets were comprised of the following as of December 31, 2022:

	Weighted Average Amortization Period Remaining (in years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patented and unpatented technology	2	$	16,469	$	(14,553	)	$	1,916
Customer relationships	9		22,000		(14,344	)		7,656
Trade names and trademarks	15		5,469		(2,804	)		2,665
Software	4		236		(56	)		180
Indefinite lived trade names			1,950		-			1,950
Total intangible assets, net							$	14,367

Intangible assets and accumulated amortization by category as of December 31, 2021 is as follows:

	Weighted Average Amortization Period Remaining (in years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Patented and unpatented technology	3	$	16,848	$	(13,845	)	$	3,003
Customer relationships	3		18,077		(13,017	)		5,060
Trade names and trademarks	10		4,269		(2,595	)		1,674
Software	5		160		(8	)		152
Indefinite lived trade names			2,057		-			2,057
Total intangible assets, net								11,946

Schedule of Estimated Amortization Expense

Estimated amortization expense for the next five years and subsequent is as follows:

	Amount
2023	$	3,000
2024		3,000
2025		860
2026		705
2027		520
And subsequent		4,332
Total intangibles currently to be amortized		12,417
Intangibles with indefinite lives not amortized		1,950
Total intangible assets	$	14,367

Changes in Goodwill

Changes in the Company’s goodwill are as follows:

	2022			2021
Balance January 1,	$	24,949		$	27,472
Goodwill for Rabern acquisition		12,850			-
Effect of change in exchange rates		(883	)		(1,393	)
Goodwill impairment		-			(1,130	)
Balance December 31,	$	36,916		$	24,949