Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Components of Intangible Assets

The components of the Company’s intangible assets were as follows for the periods presented :

	September 30, 2022							December 31, 2021
	(unaudited, in thousands, except for useful life data)							(audited, in thousands, except for useful life data)
	Weighted Average Remaining Useful Life (in Years)	Gross		Accumulated Amortization		Net Book Value		Weighted Average Remaining Useful Life (in Years)	Gross		Accumulated Amortization		Net Book Value
Purchased technology	7	$	13,529	$	(5,320)	$	8,209	8	$	13,529	$	(3,764)	$	9,765
Customer relationships	12	27,960		(4,380)		23,580		13	27,960		(2,816)		25,144
Customer contracts	1	7,000		(5,396)		1,604		2	7,000		(4,441)		2,559
Software license	7	5,419		(1,362)		4,057		9	5,419		(793)		4,626
Non-compete	0	283		(254)		29		1	283		(196)		87
Patents	5	600		(214)		386		5	600		(150)		450
Total		$	54,791	$	(16,926)	$	37,865		$	54,791	$	(12,160)	$	42,631

Estimated Future Amortization Expense

As of September 30, 2022, estimated amortization expense for the remainder of 2022 and thereafter was as follows (unaudited, in thousands):

Year Ending December 31,	Amortization Expense
2022	$	1,545
2023	5,874
2024	5,635
2025	5,402
2026	5,007
2027 and thereafter	14,402
Total	$	37,865