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Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Identifiable Intangible Assets, Net

Identifiable intangible assets, net consist of the following:

 

 

 

As of June 30,

 

 

As of December 31,

 

 

2024

 

 

2023

 

(in thousands)

 

Cost

 

 

Accumulated Amortization

 

 

Net Book Value

 

 

Cost

 

 

Accumulated Amortization

 

 

Net Book Value

 

Internal-Use Software

 

$

6,248

 

 

$

(5,036

)

 

$

1,212

 

 

$

6,248

 

 

$

(3,994

)

 

$

2,254

 

Developed Technology

 

 

1,500

 

 

 

(103

)

 

 

1,397

 

 

 

 

 

 

 

 

 

 

Customer related

 

 

4,400

 

 

 

(194

)

 

 

4,206

 

 

 

 

 

 

 

 

 

 

Trademark and trade name

 

 

800

 

 

 

(37

)

 

 

763

 

 

 

 

 

 

 

 

 

 

Content

 

 

200

 

 

 

(28

)

 

 

172

 

 

 

 

 

 

 

 

 

 

Total identifiable intangible assets

 

$

13,148

 

 

$

(5,398

)

 

$

7,750

 

 

$

6,248

 

 

$

(3,994

)

 

$

2,254

 

Schedule of Estimated Annual Amortization Expense

As of June 30, 2024, estimated annual amortization expense for each of the next five fiscal years is as follows:

 

2024 (remaining)

 

 

1,047

 

2025

 

 

1,389

 

2026

 

 

815

 

2027

 

 

648

 

2028

 

 

582

 

Thereafter

 

 

3,269

 

Total

 

$

7,750