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Goodwill and intangible assets, net
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and intangible assets, net Goodwill and intangible assets, net
Goodwill rollforward for the years ended December 31, 2023 and 2022 was as follows:
Amount
(in thousands)
Goodwill as of January 1, 2022$35,958 
Acquisition of Mutual Mobile9,556 
Goodwill as of December 31, 2022$45,514 
Mutual Mobile purchase accounting adjustment
(677)
Acquisition of NextSphere9,031 
Goodwill as of December 31, 2023$53,868 
There were no accumulated impairment losses of goodwill recognized as of December 31, 2023 and 2022.
Intangible assets consist of the following:
Estimated
Useful Life
As of December 31,
20232022
(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(8,196)(4,461)
Intangible assets, net$26,546 $20,375 
Intangible assets amortization expense for the years ended December 31, 2023, 2022, and 2021 was $3.7 million, $2.5 million, $2.0 million, respectively.
Based on the carrying value of the Company’s existing intangible assets as of December 31, 2023, the estimated amortization expense for the future years is as follows (in thousands):
Amount
(in thousands)
2024
$4,048 
2025
3,627 
2026
3,168 
2027
3,130 
2028
3,107 
Thereafter9,466 
Total$26,546