Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

NOTE 5. GOODWILL AND INTANGIBLE ASSETS

Goodwill

As of December 31, 2021 and 2020, goodwill was $6,329 and $0, respectively. The Company had no goodwill during 2020. The activity for 2021 is as follows:


Balance at December 31, 2020	$	—
Additive Acquisition		7,872
Measurement period adjustments		(1,543	)
Balance at December 31, 2021	$	6,329

Intangibles

Intangible assets as of December 31, 2021 are as follows:


	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks, indefinite-lived	Indefinite	$	413	$	—	$	413
Patents, definite-lived	13.2		5,335		1,133		4,202
Customer relationships	3-7		1,167		47		1,120
Developed technology	12		11,290		549		10,741
Other intangibles	3		35		6		29
Total intangible assets, net		$	18,240	$	1,735	$	16,505

Intangible assets, excluding the Additive intangible assets, increased $2,993 during the year ended December 31, 2021 due to the purchase of new patents, customer relationships and additional legal fees associated with our patents and trademarks.

Intangible assets as of December 31, 2020, are as follows:


	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks, indefinite-lived	Indefinite	$	306	$	—	$	306
Patents, definite-lived	13.3		2,504		363		2,141
Acquired intellectual property	17.5		878		—		878
Total intangible assets, net		$	3,688	$	363	$	3,325

Amortization expense is included in Selling, general, and administrative expenses and was $1,372, $152 and $73 for the years ended December 31, 2021, 2020 and 2019, respectively.

Expected future amortization expense is as follows:


2022	$	1,786
2023		1,308
2024		1,256
2025		1,218
2026		1,218

No impairment charges related to intangible assets and goodwill were recorded for the years ended December 31, 2021, 2020 and 2019.