Note 4 - Intangible Assets, Net

9 Months Ended

Sep. 30, 2023

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

4. Intangible assets, net

Intangible assets consist of acquired intangible assets and self-developed software. Amortization expense for intangible assets was $0.6 million and $1.6 million for the three and nine months ended September 30, 2023, respectively, and $0.2 million and $0.4 million for the three and nine months ended  September 30, 2022, respectively. 

A summary of the balances of the Company's intangible assets as of  September 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
						September 30,							December 31,
						2023							2022
	(in thousands)
Technology and software, net	$	7,774	$	(1,741	)	$	6,033	$	6,842	$	(777	)	$	6,065
Customer related assets, net		4,432		(513	)		3,919		4,799		(477	)		4,322
Content, net		815		(340	)		475		830		(138	)		692
Total	$	13,021	$	(2,594	)	$	10,427	$	12,471	$	(1,392	)	$	11,079

As of September 30, 2023, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2023 (three months)	$	563
2024		2,184
2025		1,798
2026		1,310
2027		1,123
Thereafter		3,449
Total intangible assets subject to amortization	$	10,427