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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