XML 19 R10.htm IDEA: XBRL DOCUMENT v3.23.1
Intangibles
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles

4. Intangibles


Intangibles assets as of March 31, 2023 and December 31, 2022 consist of following (in thousands):




March 31, 2023

December 31, 2022

Gross Amount


Accumulated

Amortization




Net Carrying Value

Gross Amount


Accumulated

Amortization




Net Carrying Value
Indefinite-Lived intangible assets
$
3,467

$ -

$ 3,467

$ 3,467

$ -

$ 3,467
Acquired Software

7,134


1,681


5,453

6,999


1,561


5,438
Acquired Technology

591


21


570

580


8


572
Internal Use Software

1,875


763


1,112

1,560


640


920
Total $ 13,067

$ 2,465

$ 10,602

$ 12,606

$ 2,209

$ 10,397


The average weighted average remaining useful lives of acquired software and acquired technology were 11.6 years as of March 31, 2023.


Amortization expenses on intangibles assets was $0.3 million and $0.1 million for the three months ended March 31, 2023 and 2022, respectively. Future amortization is expected as follows: 


2023
$ 800
2024

895
2025

832
2026

560
2027 and thereafter

4,048

$ 7,135