Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

INTANGIBLE ASSETS

Intangible assets consist of the following:

	March 31, 2022
	Cost		Accumulated Amortization		Net
Raw material supply agreement	$	6,230	$	(4,381)	$	1,849
RD technology	8,300		(4,334)		3,966
Trade names	4,700		(235)		4,465
Acquired customer relationships	45,047		(3,299)		41,748
Other intangibles	200		(200)		—
Total intangible assets	$	64,477	$	(12,449)	$	52,028

	December 31, 2021
	Cost		Accumulated Amortization		Net
Raw material supply agreement	$	6,230	$	(4,296)	$	1,934
RD technology	8,300		(4,196)		4,104
Trade names	4,700		—		4,700
Acquired customer relationships	44,947		(2,510)		42,437
Other intangible assets	200		(200)		—
Total intangible assets	$	64,377	$	(11,202)	$	53,175

The Company recorded intangible amortization expense of $1,247 for the three months ended March 31, 2022, and $382 for the three months ended March 31, 2021.

The estimated intangible asset amortization expense for the remainder of 2022 through 2027 and thereafter is as follows:

April 1, 2022 through December 31, 2022	$	3,937
2023	5,128
2024	5,136
2025	5,202
2026	4,388
2027 and thereafter	28,237
Total	$	52,028