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Acquired Intangible Assets, Net
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED INTANGIBLE ASSETS, NET

9. ACQUIRED INTANGIBLE ASSETS, NET

 

   December 31,
2020
   December 31,
2021
 
Cost of acquired intangible assets  $4,051   $4,104 
Less: accumulated amortization   (1,772)   (2,222)
Acquired intangible assets, net  $2,279   $1,882 

 

The Group recorded amortization expense of $409, $392 and $413 for the years ended December 31, 2019, 2020 and 2021, respectively. No impairment losses were recognized for the years ended December 31, 2019, 2020 and 2021.

 

The annual amortization expense for each of the five succeeding fiscal years and thereafter are as follows:

 

2022  $244 
2023   243 
2024   237 
2025   233 
2026   231 
Thereafter   694 
Total  $1,882