Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 4: Intangible Assets

Definitive lived intangible assets are as follows (in thousands):

	December 31, 2021							December 31, 2020
	Gross Amount		Accumulated Amortization			Net Amount		Gross Amount		Accumulated Amortization			Net Amount
Customer lists and relationships	$	5,690	$	(2,453	)	$	3,237	$	5,690	$	(1,663	)	$	4,027
Trade names		1,000		(699	)		301		1,000		(434	)		566
Developed technology		70		(44	)		26		70		(3	)		67
Backlog		60		(60	)		-		60		(57	)		3
	$	6,820	$	(3,256	)	$	3,564	$	6,820	$	(2,157	)	$	4,663

The range of useful lives and the weighted-average remaining useful life of amortizable intangible assets at December 31, 2021 is as follows:

	Expected Life	Weighted Average Remaining Useful Life
Customer lists and relationships	7-15 years	11 years
Trade names	3 years	2 years
Developed technology	3 years	2 years

The amortization expense of the definite lived intangible assets for the years remaining is as follows:

	Estimated Amortization
	(in thousands)
Year ending December 31,
2022	$	1,089
2023		895
2024		531
2025		359
2026		240
Thereafter		450
Total	$	3,564

Amortization expense recognized during the years ended December 31, 2021 and 2020 was $1.1 million and $0.8 million, respectively. Amortization expense is calculated on an accelerated basis.