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Intangibles
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles

5. Intangibles


Intangible assets as of June 30, 2023 and December 31, 2022 consist of following (in thousands):  




June 30, 2023

December 31, 2022

Gross Amount


Accumulated Amortization




Net Carrying Value

Gross Amount


Accumulated Amortization




Net Carrying Value
Indefinite-Lived intangible assets
$
3,467

$

$ 3,467

$ 3,467

$

$ 3,467
Acquired Software

7,142


1,802


5,340

6,999


1,561


5,438
Acquired Technology

591


33


558

580


8


572
Internal Use Software

2,144


894


1,250

1,560


640


920
Total $ 13,344

$ 2,729

$ 10,615

$ 12,606

$ 2,209

$ 10,397


The average weighted average remaining useful lives of acquired software and acquired technology were 11.3 years as of June 30, 2023.


Amortization expenses on intangibles assets was $0.3 million and $0.1 million for the three months ended June 30, 2023 and 2022, respectively. Future amortization is expected as follows: 


2023
$ 555
2024

980
2025

917
2026

643
2027 and thereafter

4,053

$ 7,148