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Intangible assets, net (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible assets
Intangible assets, net consisted of the following:
Estimated
Useful
Life
As of
June 30,
2023
December 31,
2022
(in years)(in thousands)
Customer relationships
8-12
$27,839 $19,424 
Tradenames
2-10
5,324 4,828 
Acquired software2.5995 — 
Non-compete agreements2584 584 
$34,742 $24,836 
Less: Accumulated amortization(6,101)(4,461)
Intangible assets, net$28,641 $20,375 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Based on the carrying value of the Company’s existing intangible assets as of June 30, 2023, the estimated amortization expense for the future years is as follows:
Years ending December 31, (in thousands)Amount
2023 (excluding six months ended June 30, 2023)
2,080 
20244,048 
20253,640 
20263,168 
20273,130 
Thereafter12,575 
Total$28,641