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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Goodwill and Intangible Assets  
Schedule of changes in carrying amount of goodwill

The change in the carrying amount of goodwill for the six months ended June 30, 2024 was as follows (in thousands):

Balance - January 1, 2024

    

$

2,075

Foreign currency translation adjustment

 

(31)

Balance - June 30, 2024

$

2,044

Schedule of Company's acquired intangible assets and capitalized developed software

Information regarding the Company acquired intangible assets and capitalized developed software was as follows (in thousands):

June 30, 2024

Foreign

Gross

Currency

Net

Carrying

Accumulated

Translation

Carrying

    

Value

   

Amortization

   

Adjustment

   

Value

Acquired Intangible Assets

Developed technology

$

3,060

$

(2,845)

$

(3)

$

212

Customer relationships

 

2,144

 

(1,770)

 

(16)

 

358

Trademarks and tradenames

 

862

 

(809)

 

-

 

53

Patents

 

44

 

(43)

 

-

 

1

Media Contact Database

3,546

(2,837)

-

709

Total Acquired Intangible Assets

$

9,656

$

(8,304)

$

(19)

$

1,333

Capitalized Developed Software

 

 

 

 

Capitalized Developed Software

$

18,504

$

(8,557)

$

(206)

$

9,741

Capitalized Developed Software - in Progress

 

2,840

 

-

 

(4)

 

2,836

Total Capitalized Developed Software

$

21,344

$

(8,557)

$

(210)

$

12,577

Total

$

31,000

$

(16,861)

$

(229)

$

13,910

December 31, 2023

Foreign

Gross

Currency

Net

 

Carrying

 

Accumulated

 

Translation

Carrying

    

Value

    

Amortization

    

Adjustment

    

Value

Acquired Intangible Assets

 

  

 

  

 

  

 

  

Developed technology

$

2,999

$

(2,640)

$

7

$

366

Customer relationships

2,096

(1,645)

10

461

Trademarks and tradenames

852

(774)

2

80

Patents

 

43

 

(40)

-

3

Media Contact Database

3,492

(2,621)

16

887

Total Acquired Intangible Assets

$

9,482

$

(7,720)

$

35

$

1,797

Capitalized Developed Software

Capitalized Developed Software

$

15,216

$

(6,862)

$

138

$

8,492

Capitalized Developed Software - in Progress

3,480

-

(11)

3,469

Total Capitalized Developed Software

$

18,696

$

(6,862)

$

127

$

11,961

Total

$

28,178

$

(14,582)

$

162

$

13,758

Schedule of estimated amortization expense for intangible assets

As of June 30, 2024, estimated future amortization expense for intangible assets was as follows (in thousands):

Year

    

Amortization

2024

$

3,222

2025

4,714

2026

3,446

2027

1,168

2028

688

Thereafter

672

$

13,910