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Goodwill and Acquired Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Acquired Intangible Assets

Acquired intangible assets consisted of the following (in thousands):

 

 

 

 

 

 

March 31, 2023

 

 

 

Weighted Average Useful Life

 

 

Gross Amount

 

 

Accumulated
Amortization

 

 

Carrying Value

 

 

 

(in years)

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

7.6

 

 

$

10,200

 

 

$

(3,678

)

 

$

6,522

 

Developed technology

 

3

 

 

 

1,700

 

 

 

(930

)

 

 

770

 

Other identifiable intangible assets

 

 

2.8

 

 

 

570

 

 

 

(424

)

 

 

146

 

 

 

 

 

$

12,470

 

 

$

(5,032

)

 

$

7,438

 

 

 

 

 

 

 

December 31, 2022

 

 

 

Weighted Average Useful Life

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Carrying Value

 

 

 

(in years)

 

 

 

 

 

 

 

 

 

 

Customer relationships

 

 

7.6

 

 

$

10,200

 

 

$

(3,353

)

 

$

6,847

 

Developed technology

 

3

 

 

 

1,700

 

 

 

(786

)

 

 

914

 

Other identifiable intangible assets

 

 

2.8

 

 

 

570

 

 

 

(376

)

 

 

194

 

 

 

 

 

 

$

12,470

 

 

$

(4,515

)

 

$

7,955

 

Summary of Future Amortization Expense of the Intangible Assets

Future amortization expense of intangible assets as of March 31, 2023 is expected to be as follows (in thousands):

 

Year Ending December 31,

 

 

 

2023 (remaining nine months)

 

$

1,484

 

2024

 

 

1,715

 

2025

 

 

960

 

2026

 

 

685

 

2027

 

 

708

 

Thereafter

 

 

1,886

 

 

$

7,438