Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of goodwill

The following table summarizes changes in the carrying amount of goodwill (in thousands):

Balance as of December 31, 2022	$	37,775
Goodwill acquired during the year (a)	13,020
Effect of change in foreign currency exchange rates	442
Balance as of June 30, 2023	$	51,237

(a) Refer to Note 5 for discussion of VIA acquisition.

Schedule of amortizing and indefinite lived intangible assets

The following tables summarize information regarding amortizing and indefinite lived intangible assets (in thousands):

	June 30, 2023
	Weighted Average Remaining Useful Life (in years)	Intangible before impairment		Accumulated amortization		Accumulated impairment charge		Net balance
Definite lived intangible assets*
Patents, trademarks and brands	21.4	$	26,357	$	(1,327)	$	—	$	25,030
Customer relationships	13.2	14,100		(1,446)		—		12,654
Licenses	3.9	105		(23)		—		82
Software	2.6	132		(57)		—		75
Technology	17.8	122,636		(9,850)		—		112,786
Total		163,330		(12,703)		—		150,627
Indefinite lived intangible assets
Website name		25		—		—		25
Total		$	163,355	$	(12,703)	$	—	$	150,652

	December 31, 2022
	Gross carrying amount		Accumulated amortization		Accumulated impairment charge		Net  balance
Definite lived intangible assets*
Patents, trademarks and brands	$	14,734	$	(660)	$	—	$	14,074
Customer relationships	13,937		(824)		—		13,113
Licenses	141		(16)		—		125
Software	2,981		(667)		(2,299)		15
Technology	18,225		(1,953)		—		16,272
Total	50,018		(4,120)		(2,299)		43,599
Indefinite lived intangible assets
Website name	25		—		—		25
Total	$	50,043	$	(4,120)	$	(2,299)	$	43,624

*excludes intangible assets fully amortized or written off in prior period

Schedule of estimated amortization expense related to intangible assets

The estimated amortization expense related to these intangible assets for each of the years subsequent to June 30, 2023, is as follows (amounts in thousands):

2023 remaining	$	9,821
2024	14,591
2025	12,487
2026	10,709
2027	9,178
Thereafter	53,212
Total	$	109,998

The estimated amortization expense related to these intangible assets for each of the years subsequent to June 30, 2023, is as follows (amounts in thousands):

2023 remaining	$	2,976
2024	3,967
2025	3,967
2026	3,967
2027	3,967
Thereafter	23,658
Total	$	42,502

The following table summarizes the expected amortization expense for the following years (in thousands):

	Amortization to be recognized
2023 (excluding the three months ended March 31, 2023)	$	14,567
2024	18,748
2025	16,634
2026	14,732
2027	13,154
2028 and thereafter	72,792
Total	$	150,627