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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net
The following tables present details of our intangible assets, net:
December 31, 2023
(dollars in thousands)Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted Average Remaining Useful Life
(in years)
Customer relationships
 9-13
$75,500 $(19,223)$56,277 8.7
Developed technology
1-5
56,298 (53,157)3,141 2.8
Trademarks
1-9
12,716 (12,159)557 5.3
Content library39,500 (8,577)923 0.3
$154,014 $(93,116)$60,898 8.2
December 31, 2022
(dollars in thousands)Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted Average Remaining Useful Life
(in years)
Customer relationships
9-13
$96,600 $(14,151)$82,449 9.8
Developed technology
1-5
86,298 (54,483)31,815 4.0
Trademarks
1-9
14,352 (12,841)1,511 3.9
Content library39,500 (5,410)4,090 1.3
Backlog11,900 (1,900)— 0.0
$208,650 $(88,785)$119,865 7.9
Schedule of Expected Amortization of Intangible Assets, Net for Future Periods
At December 31, 2023, the expected amortization of intangible assets, net for future periods was as follows:
(in thousands)
Year Ending December 31,
2024$8,796 
20257,838 
20267,518 
20276,739 
20286,698 
Thereafter23,309 
$60,898