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Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2023
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Schedule of Identifiable Intangible Assets, Net

Identifiable intangible assets, net consist of the following:

 

 

 

As of March 31,

 

 

As of December 31,

 

 

2023

 

 

2022

 

(in thousands)

 

Cost

 

 

Accumulated Amortization

 

 

Net Book Value

 

 

Cost

 

 

Accumulated Amortization

 

 

Net Book Value

 

Internal-Use Software

 

$

5,827

 

 

$

(2,479

)

 

$

3,348

 

 

$

5,827

 

 

$

(1,993

)

 

$

3,834

 

Total identifiable intangible assets

 

$

5,827

 

 

$

(2,479

)

 

$

3,348

 

 

$

5,827

 

 

$

(1,993

)

 

$

3,834

 

Schedule of Estimated Annual Amortization Expense

As of March 31, 2023, estimated annual amortization expense for each of the next five fiscal years is as follows:

 

Fiscal Years Ending December 31,

 

(in thousands)

 

 

 

2023 (remaining)

 

 

1,459

 

2024

 

 

1,516

 

2025

 

 

373

 

2026

 

 

 

2027

 

 

 

Total

 

$

3,348