Goodwill and Intangible Assets

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

NOTE 4. GOODWILL AND INTANGIBLE ASSETS

Goodwill

As of March 31, 2023 and December 31, 2022, goodwill was $25,465 for each period.

Intangibles

Intangible assets as of March 31, 2023 were as follows:

	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks and tradenames, indefinite-lived	Indefinite	$	921	$	—	$	921
Patents, definite-lived	18		6,906		2,439		4,467
Customer relationships	3-7		1,733		352		1,381
Developed technology	12		17,690		2,333		15,356
Other intangibles	3		30		18		12
Total intangible assets, net		$	27,280	$	5,142	$	22,137

Intangible assets as of December 31, 2022, were as follows:

	Estimated Useful Life (in years)	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trademarks, indefinite-lived	Indefinite	$	901	$	—	$	901
Patents, definite-lived	16.5		6,671		2,370		4,301
Customer relationships	3-7		1,733		279		1,454
Developed technology	12		17,690		1,973		15,717
Other intangibles	3		30		16		14
Total intangible assets, net		$	27,025	$	4,638	$	22,387

Amortization expense is included in Selling, general, and administrative expenses and was $503 and $771 for the three months ended March 31, 2023 and 2022, respectively.

Expected future amortization expense is as follows:

2023	$	1,515
2024		1,966
2025		1,926
2026		1,926
2027		1,925

No impairment charges related to intangibles and goodwill were recorded for the three months ended March 31, 2023 and 2022.