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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets

The following tables set forth the Company’s intangible assets by classification (in thousands) as of:

    

June 30, 2023

    

    

Identifiable

    

Weighted-

Gross Carrying

Accumulated

Intangible

Average Useful Life

Amount

    

Amortization

    

Assets, net

    

(Years)

Patents

$

4,580

$

(1,330)

$

3,250

 

7.4

Defensive assets

 

4,900

 

(1,042)

 

3,858

 

8.4

Intangible assets

$

9,480

$

(2,372)

$

7,108

 

7.9

    

December 31, 2022

    

    

Identifiable

    

Weighted-

Gross Carrying

Accumulated

Intangible

Average Useful Life

Amount

Amortization

Assets, Net

(Years)

Patents

$

4,580

$

(1,039)

$

3,541

 

7.4

Defensive assets

 

4,900

 

(750)

 

4,150

 

8.4

Intangible assets

$

9,480

$

(1,789)

$

7,691

 

7.9

Schedule of Estimated Net Amortization of Identifiable Intangible Assets

The following table details the estimated amortization of intangible assets as of June 30, 2023 (in thousands):

Year Ending December 31, 

    

Patents

    

Defensive Assets

    

Total

2023 (remaining)

$

291

$

293

$

584

2024

 

582

 

586

 

1,168

2025

 

582

 

586

 

1,168

2026

 

582

 

586

 

1,168

2027

 

582

 

586

 

1,168

2028 and thereafter

 

631

 

1,221

 

1,852

Total intangible assets

$

3,250

$

3,858

$

7,108