INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net

Table 8.1: Details of Intangible Assets, Net
		September 30, 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	$	(1,437)	$	2,193	$	3,630	$	(1,097)	$	2,533
Customer relationship	3	40		(40)		—		40		(32)		8
Software development costs	2 - 5	26,316		(14,255)		12,061		35,312		(12,256)		23,056
Subtotal		29,986		(15,732)		14,254		38,982		(13,385)		25,597
In-process software development costs (1)		15,373		—		15,373		14,019		—		14,019
Total		$	45,359	$	(15,732)	$	29,627	$	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.

Schedule of Indefinite-Lived Intangible Assets

Table 8.1: Details of Intangible Assets, Net
		September 30, 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	$	(1,437)	$	2,193	$	3,630	$	(1,097)	$	2,533
Customer relationship	3	40		(40)		—		40		(32)		8
Software development costs	2 - 5	26,316		(14,255)		12,061		35,312		(12,256)		23,056
Subtotal		29,986		(15,732)		14,254		38,982		(13,385)		25,597
In-process software development costs (1)		15,373		—		15,373		14,019		—		14,019
Total		$	45,359	$	(15,732)	$	29,627	$	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.

Schedule of Amortization Expense

Table 8.2: Amortization Expense
	For the Three Months Ended				For the Nine Months Ended
	September 30, 2024		September 30, 2023		September 30, 2024		September 30, 2023
	(in thousands)
Amortization expense related to:
Software development costs – cost of sales (1)	$	1,402	$	1,767	$	4,509	$	1,767
Software development costs – research and development	588		(19)		2,286		843
Other intangible assets – general and administrative	115		117		348		350
Total	$	2,105	$	1,865	$	7,143	$	2,960

(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.