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GOODWILL AND INTANGIBLES (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table presents the changes in the Company’s goodwill balance (in thousands):

Goodwill
Balance at December 31, 2022$161,527 
Purchase price adjustment(85)
Balance at March 31, 2023$161,442 
Schedule of Finite-Lived Intangible Assets
The following table presents the Company’s intangible asset balance by asset class as of March 31, 2023 (in thousands):

Intangible AssetCostAccumulated AmortizationNet Book ValueAmortization MethodUseful Life
Trade Names$900 $(281)$619 Straight line2 years
Developed Technology53,500 (7,672)45,828 Straight line
4-10 years
In-process R&D1,177 — 1,177 IndefiniteN/A
Patents33,900 (1,412)32,488 Straight line
5-15 years
Customer Relationships24,300 (1,519)22,781 Straight line10 years
Non-Competition Agreements1,900 (238)1,662 Straight line5 years
Other1,926 (912)1,014 Straight line5 years
Total$117,603 $(12,034)$105,569 

The following table presents the changes in the Company’s intangible asset balance (in thousands):
                
Intangible Assets, net
Balance at December 31, 2022$105,620 
Additions to intangible assets4,485 
Amortization expense(4,536)
Balance at March 31, 2023$105,569 
Schedule of Indefinite-Lived Intangible Assets
The following table presents the Company’s intangible asset balance by asset class as of March 31, 2023 (in thousands):

Intangible AssetCostAccumulated AmortizationNet Book ValueAmortization MethodUseful Life
Trade Names$900 $(281)$619 Straight line2 years
Developed Technology53,500 (7,672)45,828 Straight line
4-10 years
In-process R&D1,177 — 1,177 IndefiniteN/A
Patents33,900 (1,412)32,488 Straight line
5-15 years
Customer Relationships24,300 (1,519)22,781 Straight line10 years
Non-Competition Agreements1,900 (238)1,662 Straight line5 years
Other1,926 (912)1,014 Straight line5 years
Total$117,603 $(12,034)$105,569