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Intangible Assets, Net
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible assets, net consist of the following:

June 30, 2022December 31, 2021
Weighted
Average
Remaining
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Weighted
Average
Remaining
Useful Life
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Developed technology6.1$55,671 $(5,410)$50,261 6.7$49,040 $(1,374)$47,666 
Software licenses2.023,305 (8,705)14,600 2.523,297 (6,286)17,011 
Customer relationships6.115,093 (1,425)13,668 6.712,682 (365)12,317 
Intellectual property licenses1.31,780 (1,704)76 1.51,736 (1,687)49 
Trade names6.17,089 (675)6,414 6.76,125 (182)5,943 
Backlog1.32,980 (970)2,010 1.82,378 (239)2,139 
Effect of exchange rate on gross carrying amount(3,151)— (3,151)(631)— (631)
Intangible assets with finite lives102,767 (18,889)83,878 94,627 (10,133)84,494 
IPR&D14,036 — 14,036 11,866 — 11,866 
Effect of exchange rate on gross carrying amount(596)— (596)(75)— (75)
Total intangible assets with indefinite lives13,440 — 13,440 11,791 — 11,791 
Total intangible assets$116,207 $(18,889)$97,318 $106,418 $(10,133)$96,285 

The Company obtained software licenses which it uses for its research and development efforts related to its products. In fiscal 2022 and 2021, the Company obtained additional software licenses. Further, the Company has acquired developed technology, customer relationships, trade names, backlog, and in-process research and development (“IPR&D”) as a result of the business combinations. See Note 2 - Business Combinations for additional information.

Intangible assets with finite lives are amortized on a straight-line basis over the expected period to be benefited by future cash flows. The Company monitors and assesses these assets for impairment on a periodic basis. As of June 30, 2022, the Company determined that there was no impairment of intangible assets.

Amortization of intangible assets for the three months ended June 30, 2022 and 2021 was $4,133 and $353, respectively. Amortization for the six months ended June 30, 2022 and 2021 was $8,808 and $764, respectively. Amortization of intangible assets is included within Cost of goods sold, Research and development expenses, and Selling, general and administrative expenses based their respective nature, in the condensed consolidated statements of operations.

Based on the amount of definite-lived intangible assets subject to amortization as of June 30, 2022, amortization expense for each of the next five fiscal years is expected to be as follows:

2022 (remaining six months)$8,927 
202319,201 
202415,163 
202510,688 
202610,688 
Thereafter19,211 
$83,878