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Goodwill and Intangible Assets
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
There was no activity in the Company's goodwill balance during the three and six months ended June 30, 2023.
Intangible Assets
The following table summarizes the activity in the Company's intangible assets balance during the three and six months ended June 30, 2023 (in thousands):
Three Months Ended June 30, 2023Six Months Ended June 30, 2023
Beginning of the period$25,346 $28,192 
  Amortization(2,845)(5,691)
End of the period$22,501 $22,501 
The components of intangible assets were as follows (in thousands):
June 30, 2023December 31, 2022
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountWeighted Average Remaining Amortization period (Years)
Developed technology$56,214 $(34,412)$21,802 2.9$56,214 $(28,881)$27,333 3.2
Acquired workforce470 (470)— 0.0470 (470)— 0.0
Customer relationships1,600 (901)699 2.31,600 (741)859 2.7
Trademarks500 (500)— 0.0500 (500)— 0.0
Total$58,784 $(36,283)$22,501 2.9$58,784 $(30,592)$28,192 3.2
Amortization expense related to intangible assets was $2.8 million and $5.7 million for the three and six months ended June 30, 2023, respectively. Amortization expense related to intangible assets was $2.9 million and $5.9 million for the three and six months ended June 30, 2022, respectively.
As of June 30, 2023, the expected future amortization expense for intangible assets was as follows (in thousands):
PeriodExpected Future Amortization Expense
Remaining 2023$5,179 
20247,527 
20255,595 
20264,200 
2027— 
Thereafter— 
Total$22,501