The Company’s intangible assets consisted of the following:


	June 30, 2022		December 31, 2021
Brands	$	172,191	$	176,225
Software development costs		824,721		805,697
Customer relationships		1,894,736		1,692,838
Computer software		37,290		35,257
		2,928,938		2,710,017
Less accumulated amortization on:
Brands		74,807		69,407
Software development costs		413,185		371,555
Customer relationships		542,799		505,732
Computer software		20,399		17,900
		1,051,190		964,594
Less accumulated impairment on:
Brands		8,464		8,464
Software development costs		84,947		84,947
Customer relationships		449,808		449,808
		543,219		543,219
Intangible assets, net	$	1,334,529	$	1,202,204

Amortization expense on intangible assets for the three months ended June 30, 2022 and 2021, was $67,900 and $68,079, respectively. Amortization expense on intangible assets for the six months ended June 30, 2022 and 2021 was $129,495 and $130,398, respectively.

During the three and six months ended June 30, 2022 we purchased merchant portfolios for a purchase price of $16,047 and $26,411, respectively, inclusive of continent consideration. These were accounted for as asset acquisitions. The remaining increase in gross intangible assets during the three and six months ended June 30, 2022 relates to intangibles recorded upon business acquisitions (See Note 11) and capitalized development costs.

The Company performs an impairment analysis on intangibles assets with finite lives when events and circumstances have occurred that would indicate the carrying amount of intangible assets may not be recoverable. Due to the goodwill impairment recognized during the three months and six months ended June 30, 2022 (see Note 5), we concluded that an impairment indicator for certain asset groups was present within these segments. An impairment analysis was performed for the impacted asset groups as of June 30, 2022 which was based on an undiscounted cash flow model. As a result of the analysis, the assets were concluded to be recoverable and no impairment charge was recorded.