Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2023

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Summary of Intangible Assets, Net

Intangible assets, net is composed of the following (in thousands, except as otherwise noted):

	December 31, 2023
	Weighted Average Remaining Useful Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net Amount
Patents		15.9	$	5,783	$	(287	)	$	5,496
Trademark	Indefinite			154		—			154
Website and other		8.9		227		(38	)		189
Developed technology		1.0		318		(159	)		159
Internally developed software		2.3		14,524		(5,445	)		9,079
Total			$	21,006	$	(5,929	)	$	15,077

	December 31, 2022
	Weighted Average Remaining Useful Life (Years)		Gross Carrying Amount		Accumulated Amortization			Net Amount
Patents		16.5	$	4,438	$	(146	)	$	4,292
Trademark	Indefinite			131		—			131
Website and other		9.6		220		(17	)		203
Developed technology		2.0		318		—			318
Internally developed software		2.2		6,548		(2,548	)		4,000
Total			$	11,655	$	(2,711	)	$	8,944

Summary of the Projected Annual Amortization Expense for the Company's Intangible Assets

Total amortization expense for intangible assets for the years ended December 31, 2023 and 2022, was $3.2 million and $1.6 million, respectively. As of December 31, 2023, the projected annual amortization expense for the Company’s intangible assets is as follows (in thousands):

	Amount
Year ending December 31,
2024	$	4,427
2025		3,524
2026		1,853
2027		189
2028		189
Thereafter		4,741
Total amortization expense	$	14,923