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Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
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 acquired24,521 
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 
Schedule of Finite-Lived Intangible Assets
Intangible assets, net consisted of the following as of September 30, 2022 and December 31, 2021 (in thousands):

As of
September 30, 2022December 31, 2021
Developed technology$6,290 $7,271 
Customer relationships - Non-Robotic Process Automation (“RPA”)754 872 
Customer relationships - RPA226 261 
Intangible assets, gross7,270 8,404 
Less: accumulated amortization(2,131)(1,260)
Intangible assets, net$5,139 $7,144 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
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 
20231,342 
20241,342 
20251,068 
2026687 
202784 
Thereafter269 
Total projected amortization expense$5,139