INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS, NET

INTANGIBLE ASSETS, NET

Table 8.1: Details of Intangible Assets, Net
		March 31, 2024						December 31, 2023
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
	(in years)	(in thousands)
Acquired technology	8	$	3,630	$	(1,210)	$	2,420	$	3,630	$	(1,097)	$	2,533
Customer relationship	3	40		(35)		5		40		(32)		8
Software development costs	2 - 5	36,599		(14,252)		22,347		35,312		(12,256)		23,056
Subtotal		40,269		(15,497)		24,772		38,982		(13,385)		25,597
In-process software development costs (1)		15,758		—		$	15,758	14,019		—		$	14,019
Total		$	56,027	$	(15,497)	$	40,530	$	53,001	$	(13,385)	$	39,616

(1) In-process software development costs are costs for software that is not yet available for its intended use or general release to customers as of balance sheet date, thus not yet amortized.

Table 8.2: Amortization Expense
	For the Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands)
Amortization expense related to:
Software development costs - cost of sales (1)	$	1,158	$	—
Software development costs - research and development	837		303
Other intangible assets - general and administrative	117		117
Total	$	2,112	$	420

(1) Amortization expense for software development costs related to assets to be sold, leased, or otherwise marketed is charged under cost of sales on the unaudited consolidated statements of operations.