Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

NOTE 4. GOODWILL AND INTANGIBLE ASSETS

Goodwill

As of March 31, 2022 and December 31, 2021, goodwill was $26,672 and $6,329, respectively; the activity is as follows:

Balance, December 31, 2021	$	6,329
Acquisitions		20,343
Balance, March 31, 2022	$	26,672

Intangibles

Intangible assets as of March 31, 2022 are as follows:

	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks and tradenames, indefinite-lived	Indefinite	$	813		—	$	813
Patents, definite-lived	13.2		6,039		1,532		4,507
Customer relationships	3-7		1,178		99		1,079
Developed technology	12		15,790		866		14,924
Other intangibles	3		35		8		27
Total intangible assets, net		$	23,855	$	2,505	$	21,350

Intangible assets, excluding the Disior intangible assets, increased $704 during the three months ended March 31, 2022 due to the purchase of new patents and additional legal fees associated with our patents and trademarks.

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

Amortization expense is included in Selling, general, and administrative expenses and was $771 and $30 for the three months ended March 31, 2022 and 2021, respectively.

Expected future amortization expense is as follows:

2022 (Remaining)	$	1,926
2023		1,707
2024		1,657
2025		1,616
2026		1,616
2027		1,615

No impairment charges related to intangibles and goodwill were recorded for the three months ended March 31, 2022 and 2021.