Intangible Assets, Net

9 Months Ended

Sep. 30, 2022

Intangible Assets, Net

Intangible Assets, Net

Note 7 – Intangible Assets, Net

Intangible assets, net, consisted of the following as of September 30, 2022:

	September 30, 2022
							Remaining
							Weighted
	Gross				Net		Average
	Carrying		Accumulated		Carrying		Amortization
(in thousands)	Amount		Amortization		Value		Period
Trade name	$	5,000	$	(772)	$	4,228	13.8 years
Site Host relationships		41,500		(9,371)		32,129	9.3 years
Customer relationships		19,000		(11,069)		7,931	2.0 years
Developed technology		14,000		(2,401)		11,599	11.8 years
User base		11,000		(3,371)		7,629	2.8 years
	$	90,500	$	(26,984)	$	63,516

Amortization of intangible assets for the three and nine months ended September 30, 2022 and 2021 was as follows:

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(in thousands)	2022		2021		2022		2021
Amortization of intangible assets	$	2,904	$	2,951	$	8,711	$	7,246