XML 38 R25.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Intangible Assets, Net and Goodwill (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | The following table presents details of purchased intangible assets as of March 31, 2024, and December 31, 2023:
|  | March 31, 2024
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted-Average Useful Life
|  | (unaudited)
|  | (in thousands) |  | (in years)
Intangible assets subject to amortization: |  |  |  |  |  |  |  |
Acquired license |  | $ | 11,886 |  |  | $ | (4,962) |  |  | $ | 6,924 |  |  | 6.5
Non-compete agreements and other covenant rights |  | 5,100 |  |  | (3,797) |  |  | 1,303 |  |  | 1.7
Acquired technology |  | 1,600 |  |  | (1,533) |  |  | 67 |  |  | 0.1
Total intangible assets subject to amortization |  | $ | 18,586 |  |  | $ | (10,292) |  |  | $ | 8,294 |  |  |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |
Goodwill |  | 3,290 |  |  | — |  |  | 3,290 |  |  |
Total purchased intangible assets |  | $ | 21,876 |  |  | $ | (10,292) |  |  | $ | 11,584 |  |  |
|  | December 31, 2023
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted-Average Useful Life
|  | (in thousands) |  | (in years)
Intangible assets subject to amortization: |  |  |  |  |  |  |  |
Acquired license |  | $ | 11,886 |  |  | $ | (4,686) |  |  | $ | 7,200 |  |  | 6.8
Non-compete agreements and other covenant rights |  | 5,100 |  |  | (3,588) |  |  | 1,512 |  |  | 1.9
Acquired technology |  | 1,600 |  |  | (1,333) |  |  | 267 |  |  | 0.3
Total intangible assets subject to amortization |  | $ | 18,586 |  |  | $ | (9,607) |  |  | $ | 8,979 |  |  |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |
Goodwill |  | 3,290 |  |  | — |  |  | 3,290 |  |  |
Total purchased intangible assets |  | $ | 21,876 |  |  | $ | (9,607) |  |  | $ | 12,269 |  |  |
Schedule of Indefinite-Lived Intangible Assets | The following table presents details of purchased intangible assets as of March 31, 2024, and December 31, 2023:
|  | March 31, 2024
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted-Average Useful Life
|  | (unaudited)
|  | (in thousands) |  | (in years)
Intangible assets subject to amortization: |  |  |  |  |  |  |  |
Acquired license |  | $ | 11,886 |  |  | $ | (4,962) |  |  | $ | 6,924 |  |  | 6.5
Non-compete agreements and other covenant rights |  | 5,100 |  |  | (3,797) |  |  | 1,303 |  |  | 1.7
Acquired technology |  | 1,600 |  |  | (1,533) |  |  | 67 |  |  | 0.1
Total intangible assets subject to amortization |  | $ | 18,586 |  |  | $ | (10,292) |  |  | $ | 8,294 |  |  |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |
Goodwill |  | 3,290 |  |  | — |  |  | 3,290 |  |  |
Total purchased intangible assets |  | $ | 21,876 |  |  | $ | (10,292) |  |  | $ | 11,584 |  |  |
|  | December 31, 2023
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Remaining Weighted-Average Useful Life
|  | (in thousands) |  | (in years)
Intangible assets subject to amortization: |  |  |  |  |  |  |  |
Acquired license |  | $ | 11,886 |  |  | $ | (4,686) |  |  | $ | 7,200 |  |  | 6.8
Non-compete agreements and other covenant rights |  | 5,100 |  |  | (3,588) |  |  | 1,512 |  |  | 1.9
Acquired technology |  | 1,600 |  |  | (1,333) |  |  | 267 |  |  | 0.3
Total intangible assets subject to amortization |  | $ | 18,586 |  |  | $ | (9,607) |  |  | $ | 8,979 |  |  |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |
Goodwill |  | 3,290 |  |  | — |  |  | 3,290 |  |  |
Total purchased intangible assets |  | $ | 21,876 |  |  | $ | (9,607) |  |  | $ | 12,269 |  |  |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table summarizes estimated future amortization expense of finite-lived intangible assets, net:
Year Ending December 31, |  |
|  | (unaudited)
|  | (in thousands)
Remainder of 2024 |  | $ | 1,534 |
2025 |  | 1,670 |
2026 |  | 1,212 |
2027 |  | 1,107 |
2028 |  | 1,109 |
2029 and thereafter |  | 1,662 |
Total |  | $ | 8,294 |

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 Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b),(d) -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-3 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration