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Intangible Assets
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 4 – Intangible Assets

Intangible assets were comprised of the following:

 

 

March 31,
2024

 

 

December 31,
2023

 

Customer relationships

 

$

5,275

 

 

$

5,442

 

Developed technology

 

 

3,788

 

 

 

3,913

 

Trade name

 

 

2,122

 

 

 

2,219

 

 

 

11,185

 

 

 

11,574

 

Accumulated amortization

 

 

(6,533

)

 

 

(6,627

)

Intangible assets, net

 

$

4,652

 

 

$

4,947

 

 

Changes in intangible assets consisted of the following:

 

 

Three Months Ended March 31,

 

 

2024

 

 

2023

 

Balance at beginning of the period

$

4,947

 

 

$

5,194

 

Amortization of intangible assets

 

(88

)

 

 

(93

)

Other, primarily impact from changes in foreign currency exchange rates

 

(207

)

 

 

30

 

Balance at end of the period

$

4,652

 

 

$

5,131