Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible assets

Goodwill and Intangible Assets

Goodwill

During the nine months ended September 30, 2022, there were no changes in the carrying amount of goodwill of $67.1 million on the Company’s condensed consolidated balance sheets.

Intangible Assets

Acquired intangible assets subject to amortization are as follows:

	September 30, 2022
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Weighted-Average Remaining Useful Life (Years)
Developed technology	$	9,400	$	4,700	$	4,700	1.5
Customer relationships	13,700		1,713		11,987		10.5
	$	23,100	$	6,413	$	16,687

Amortization expense was $1.1 million and $2.2 million for the three and nine months ended September 30, 2021, respectively, and was $1.1 million and $3.2 million for the three and nine months ended September 30, 2022, respectively.

Expected future amortization expense for intangible assets as of September 30, 2022 is as follows:

Fiscal Years:
Remaining 2022	$	1,068
2023	4,275
2024	1,925
2025	1,142
2026	1,142
Thereafter	7,135
Total	$	16,687