XML 22 R11.htm IDEA: XBRL DOCUMENT v3.22.1
Intangible Assets
3 Months Ended
Mar. 31, 2022
Intangible Assets Disclosure [Abstract]  
Intangible Assets

3. Intangible Assets

The details of intangible assets and related accumulated amortization are set forth below:

 

 

 

As of March 31, 2022

 

 

As of December 31, 2021

 

 

 

Gross
value

 

 

Accumulated
amortization

 

 

Net
value

 

 

Gross
value

 

 

Accumulated
amortization

 

 

Net
value

 

Data supply relationships

 

$

12,891

 

 

$

2,949

 

 

$

9,942

 

 

$

8,750

 

 

$

1,875

 

 

$

6,875

 

Tradenames

 

 

2,720

 

 

 

2,302

 

 

 

418

 

 

 

2,720

 

 

 

2,171

 

 

 

549

 

Completed technologies

 

 

28,792

 

 

 

18,813

 

 

 

9,979

 

 

 

23,092

 

 

 

17,568

 

 

 

5,524

 

Customer relationships

 

 

71,099

 

 

 

41,346

 

 

 

29,753

 

 

 

65,999

 

 

 

37,984

 

 

 

28,015

 

Total intangible assets

 

$

115,502

 

 

$

65,410

 

 

$

50,092

 

 

$

100,561

 

 

$

59,598

 

 

$

40,963

 

 

 

Amortization expense of intangibles for the three months ended March 31, 2022 and March 31, 2021, was $5,812 and $4,080 respectively.

Weighted average useful life of the unamortized intangibles as of March 31, 2022 was 3.83 years. Based on the amount of intangible assets subject to amortization, the Company’s estimated future amortization expense over the next five years and beyond are as follows:

 

 

 

As of March 31, 2022

 

Year ended December 31,

 

 

 

Remaining nine months of 2022

 

$

16,086

 

2023

 

 

12,966

 

2024

 

 

8,505

 

2025

 

 

4,574

 

2026

 

 

4,161

 

2027 and thereafter

 

 

3,800

 

Total

 

$

50,092