Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Amortization is computed using the straight-line method over the following estimated useful lives:

Intellectual property	30 years
Customer relationships	14 years

Our intangible assets consist of the following:

	March 31, 2023		December 31, 2022
Definite-lived intangible assets	(in thousands)
Intellectual property	$	6,295	$	6,295
Customer relationships	47,547		47,547
Less:  Accumulated amortization	(4,709)		(3,807)
Total, net	49,133		50,035
Indefinite-lived intangible assets
Trademarks	14,571		14,571
Total intangible assets, net	$	63,704	$	64,606

Schedule of Amortization Expense

Amortization expense recorded in cost of sales is as follows:

	Three Months Ended
	March 31, 2023		March 31, 2022
	(in thousands)
Amortization expense	$	902	$	895