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Goodwill and intangible assets, net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill
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 
Schedule of intangible assets
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 
Estimated future amortization expense
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