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INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS INTANGIBLE ASSETS
As of June 30, 2022 and December 31, 2021, the Company’s intangible assets consisted of the following:
June 30,
2022
December 31,
2021
Capitalized software$13,582 $5,638
Accumulated amortization(3,408)(2,067)
Capitalized software, net10,174 3,571
In-process software development762 4,102
Total intangible assets$10,936 $7,673
Amortization expense related to intangible assets placed in service was $0.8 million and $1.4 million for the three and six months ended June 30, 2022, respectively. Amortization expense related to intangible assets placed in service was $1.5 million and $1.7 million for the three and six months ended June 30, 2021, respectively. Estimated amortization expense for each of the years ending December 31 is as follows:
2022 (excluding the six months ended June 30, 2022)
$1,789
2023
3,578
2024
3,137
2025
1,670
Total amortization expense$10,174