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Intangible Assets
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible assets
Our intangible assets consist of the following:
 September 30, 2023December 31, 2022
Definite-lived intangible assets(in thousands)
Intellectual property$6,295 $6,295 
Customer relationships47,547 47,547 
Less:  Accumulated amortization(6,512)(3,807)
               Total, net47,330 50,035 
Indefinite-lived intangible assets
Trademarks14,571 14,571 
Total intangible assets, net$61,901 $64,606 
Amortization expense recorded in selling, general and administrative expenses is as follows:
 Three Months EndedNine Months Ended
 September 30,
2023
September 30,
2022
September 30,
2023
September 30,
2022
(in thousands)
Amortization expense$902 $902 $2,705 $2,698 
Excluding the impact of any future acquisitions, the Company anticipates amortization expense to be $3.6 million for each of the years ending 2023 through 2027.