XML 44 R34.htm IDEA: XBRL DOCUMENT
v3.23.3

Intangible Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Amortization is computed using the straight-line method over the following estimated useful lives:
Intellectual property | 30 years
Customer relationships | 14 years
Our intangible assets consist of the following:
| September 30, 2023 |  | December 31, 2022
Definite-lived intangible assets | (in thousands)
Intellectual property | $ | 6,295 |  |  | $ | 6,295 |
Customer relationships | 47,547 |  |  | 47,547 |
Less: Accumulated amortization | (6,512) |  |  | (3,807) |
Total, net | 47,330 |  |  | 50,035 |
Indefinite-lived intangible assets |  |  |
Trademarks | 14,571 |  |  | 14,571 |
Total intangible assets, net | $ | 61,901 |  |  | $ | 64,606 |
Schedule of Amortization Expense | Amortization expense recorded in selling, general and administrative expenses is as follows:
| Three Months Ended |  | Nine Months Ended
| September 30, 2023 |  | September 30, 2022 |  | September 30, 2023 |  | September 30, 2022
| (in thousands)
Amortization expense | $ | 902 |  |  | $ | 902 |  |  | $ | 2,705 |  |  | $ | 2,698 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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