XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.22.2.2

Goodwill and Intangible Assets | 9 Months Ended
--- | ---
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | 6. Goodwill and Intangible Assets Goodwill was comprised of the following as of September 30, 2022 and December 31, 2021 (in thousands):
| Carrying Amount
Balance as of December 31, 2020 | $ | 4,862 |
Goodwill acquired | 24,521 |
Foreign currency translation adjustments | (1,588) |
Balance as of December 31, 2021 | 27,795 |
Goodwill acquired | — |
Foreign currency translation adjustments | (3,750) |
Balance as of September 30, 2022 | $ | 24,045 |
Intangible assets, net consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands):
| As of
| September 30, 2022 |  | December 31, 2021
Developed technology | $ | 6,290 |  |  | $ | 7,271 |
Customer relationships - Non-Robotic Process Automation (“RPA”) | 754 |  |  | 872 |
Customer relationships - RPA | 226 |  |  | 261 |
Intangible assets, gross | 7,270 |  |  | 8,404 |
Less: accumulated amortization | (2,131) |  |  | (1,260) |
Intangible assets, net | $ | 5,139 |  |  | $ | 7,144 |
Intangible amortization expense was $0.4 million and $1.1 million for the three and nine months ended September 30, 2022, respectively. Intangible amortization expense was $0.3 million and $0.5 million for the three and nine months ended September 30, 2021, respectively. As of September 30, 2022, the weighted average remaining amortization periods for developed technology, non-RPA customer relationships, and RPA customer relationships were approximately 3.7 years, 8.7 years, and 7.3 years, respectively. The projected annual amortization expense related to amortizable intangible assets as of September 30, 2022 is as follows (in thousands):
| Projected Amortization
2022 (excluding the nine months ended September 30, 2022) | $ | 347 |
2023 | 1,342 |
2024 | 1,342 |
2025 | 1,068 |
2026 | 687 |
2027 | 84 |
Thereafter | 269 |
Total projected amortization expense | $ | 5,139 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration