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Intangible Assets, Net
3 Months Ended
Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net

6. Intangible Assets, Net

The balances of intangibles assets and accumulated amortization are as follows:

 

 

 

As of March 31, 2022

 

 

 

Remaining

Weighted

Average

Useful Life

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

 

(in years)

 

 

(in thousands)

 

Developed technology

 

 

0.8

 

 

$

4,927

 

 

$

(4,344

)

 

$

583

 

Customer relationships

 

 

1.8

 

 

 

2,300

 

 

 

(1,698

)

 

 

602

 

Trademarks/tradenames

 

 

3.9

 

 

 

1,400

 

 

 

(1,086

)

 

 

314

 

Total

 

 

 

 

 

$

8,627

 

 

$

(7,128

)

 

$

1,499

 

 

 

 

As of December 31, 2021

 

 

 

Remaining

Weighted

Average

Useful Life

 

 

Gross

Amount

 

 

Accumulated

Amortization

 

 

Net

Carrying

Amount

 

 

 

(in years)

 

 

(in thousands)

 

Developed technology

 

 

1.1

 

 

$

4,927

 

 

$

(4,169

)

 

$

758

 

Customer relationships

 

 

2.1

 

 

 

2,300

 

 

 

(1,615

)

 

 

685

 

Trademarks/tradenames

 

 

4.0

 

 

 

1,400

 

 

 

(1,057

)

 

 

343

 

Total

 

 

 

 

 

$

8,627

 

 

$

(6,841

)

 

$

1,786

 

 

 

Amortization recorded in the condensed consolidated statements of operations was as follows:

 

 

 

Three Months Ended

March 31,

 

 

 

2022

 

 

2021

 

 

 

(in thousands)

 

Platform operations

 

$

175

 

 

$

175

 

Sales and marketing

 

 

 

 

 

 

Technology and development

 

 

 

 

 

 

General and administrative

 

 

112

 

 

 

132

 

Total

 

$

287

 

 

$

307

 

 

Estimated future amortization of intangible assets as of March 31, 2022 is as follows:

 

 

 

As of March 31, 2022

 

Year

 

(in thousands)

 

Remainder of 2022

 

$

832

 

2023

 

 

467

 

2024

 

 

107

 

2025

 

 

80

 

2026

 

 

13

 

Thereafter

 

 

 

Total

 

$

1,499