Intangible assets, net and goodwill (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible assets

Intangible assets consisted of the following:

(in thousands)	Estimated Useful Lives (Years)	December 31, 2023			December 31, 2022
Developed technology	2.5 – 3.0	$	2,555		$	2,591
Total			2,555			2,591
Accumulated amortization			(2,013	)		(1,478	)
Intangible assets, net		$	542		$	1,113

Schedule of goodwill activity

Activity in our goodwill balance arising largely from the acquisition of HX Tracker was as follows:

	Year ended December 31,
(in thousands)	2023			2022
Balance at beginning of period	$	7,538		$	—
Acquisition of HX Tracker		—			7,447
Acquisition of pile testing and equipment installation business		—			271
Translation		(185	)		(180	)
Balance at end of period	$	7,353		$	7,538