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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

Note 7. Goodwill and intangible assets

Goodwill

The Company recorded goodwill of $0.9 million during the year ended December 31, 2021 related to the Clementine acquisition (Note 5). There was no impairment of goodwill during the years ended December 31, 2022 and 2021.

Intangible assets, net

Intangible assets, net consist of the following:

 

 

 

December 31, 2022

 

 

 

Gross carrying value

 

 

Accumulated amortization

 

 

Net carrying value

 

 

 

(in thousands)

 

Developed technologies

 

$

1,700

 

 

$

637

 

 

$

1,063

 

Other

 

 

290

 

 

 

290

 

 

 

 

Total intangible assets, net

 

$

1,990

 

 

$

927

 

 

$

1,063

 

 

Amortization expense was $0.6 million and $0.3 million for the years ended December 31, 2022 and 2021. There was no impairment of intangible assets during the years ended December 31, 2022 and 2021. The following table summarizes the estimated future amortization expense of intangible assets, net as of December 31, 2022:

 

 

 

Amount

 

 

 

(in thousands)

 

2023

 

$

425

 

2024

 

 

425

 

2025

 

 

213

 

Total

 

$

1,063