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Intangible Assets
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 5 – Intangible Assets

Intangible assets were comprised of the following:

 

 

September 30,
2023

 

 

December 31,
2022

 

Customer relationships

 

$

5,194

 

 

$

5,375

 

Developed technology

 

 

3,727

 

 

 

3,847

 

Trade name

 

 

2,075

 

 

 

2,167

 

 

 

10,996

 

 

 

11,389

 

Accumulated amortization

 

 

(6,269

)

 

 

(6,195

)

Intangible assets, net

 

$

4,727

 

 

$

5,194

 

Changes in intangible assets consisted of the following:

 

 

Three Months Ended September 30,

 

 

Nine Months Ended September 30,

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Balance at beginning of the period

$

4,859

 

 

$

5,431

 

 

$

5,194

 

 

$

6,204

 

Amortization of intangible assets

 

(87

)

 

 

(89

)

 

 

(266

)

 

 

(279

)

Other, primarily impact from changes in foreign currency exchange rates

 

(45

)

 

 

(372

)

 

 

(201

)

 

 

(955

)

Balance at end of the period

$

4,727

 

 

$

4,970

 

 

$

4,727

 

 

$

4,970