Note 4 - Intangible Assets, Net

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

4. Intangible assets, net

Intangible assets consist of the acquired intangible assets and the self-developed software. Amortization expense for intangible assets was $0.5 million and $1.0 million for the three and six months ended June 30, 2023, respectively, and $0.1 million and $0.2 million for the three and six months ended June 30, 2022, respectively. 

As of June 30, 2023, estimated future amortization expense for the intangible assets reflected above was as follows:

Year Ending December 31:
	(in thousands)
2023 (six months)	$	1,073
2024		2,093
2025		1,706
2026		1,246
2027		1,145
Thereafter		3,507
Total intangible assets subject to amortization	$	10,770

A summary of the balances of the Company's intangible assets as of  June 30, 2023 and  December 31, 2022 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average
						June 30,							December 31,		Life
						2023							2022
	(in thousands)														(in years)
Technology and software, net		7,509		(1,405	)		6,104		6,842		(777	)		6,065		6.6
Customer related assets, net		4,530		(410	)		4,120		4,799		(477	)		4,322		10.0
Content, net		821		(275	)		546		830		(138	)		692		3.0
Total	$	12,860	$	(2,090	)	$	10,770	$	12,471	$	(1,392	)	$	11,079		7.5