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Intangible Assets and Goodwill (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets

Intangible assets as of December 31, 2021 and 2020 consist of the following:
 

 

 

Weighted
Average
Remaining
Useful Life

 

December 31,

 

 

 

 

 

2021

 

 

2020

 

 

 

 

 

(in thousands)

 

Acquired technology

 

32 Months

 

$

17,569

 

 

$

18,383

 

Customer relationships

 

36 Months

 

 

2,450

 

 

 

50

 

Trade name

 

2 Months

 

 

20

 

 

 

20

 

Accumulated amortization

 

 

 

 

(9,474

)

 

 

(8,171

)

Total

 

 

 

$

10,565

 

 

$

10,282

 

Estimated Future Amortization Expense for Intangible Assets

Estimated future amortization expense for intangible assets as of December 31, 2021 is as follows:
 

Years ended December 31,

 

Amortization
Expense

 

 

 

(in thousands)

 

2022

 

$

1,644

 

2023

 

 

2,048

 

2024

 

 

2,331

 

2025

 

 

2,309

 

2026

 

 

1,890

 

Thereafter

 

 

343

 

Total

 

$

10,565

 

Schedule of Changes in Carrying Amounts of Goodwill

The changes in the carrying amounts of goodwill consist of the following:
 

 

 

(in thousands)

 

Balance as of December 31, 2019

 

$

30,250

 

Effect of foreign currency translation

 

 

1,431

 

Measurement period adjustments

 

 

(363

)

Balance as of December 31, 2020

 

 

31,318

 

The Hustle acquisition

 

 

16,987

 

Effect of foreign currency translation

 

 

(1,230

)

Balance as of December 31, 2021

 

$

47,075