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Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, Net | Intangible Assets, Net Intangible assets, net consist of the following:
| December 31, 2022 |  | December 31, 2021
| Weighted average remaining useful life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted average remaining useful life |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Developed technology | 4.0 |  | $ | 22,734 |  |  | $ | (4,993) |  |  | $ | 17,741 |  |  | 6.7 |  | $ | 49,040 |  |  | $ | (1,374) |  |  | $ | 47,666 |
Software licenses | 1.5 |  | 23,305 |  |  | (11,514) |  |  | 11,791 |  |  | 2.5 |  | 23,297 |  |  | (6,286) |  |  | 17,011 |
Customer relationships | 8.2 |  | 17,569 |  |  | (1,895) |  |  | 15,674 |  |  | 6.7 |  | 12,682 |  |  | (365) |  |  | 12,317 |
Intellectual property licenses | 1.0 |  | 1,777 |  |  | (1,716) |  |  | 61 |  |  | 1.5 |  | 1,736 |  |  | (1,687) |  |  | 49 |
Trade names | 5.5 |  | 9,536 |  |  | (1,466) |  |  | 8,070 |  |  | 6.7 |  | 6,125 |  |  | (182) |  |  | 5,943 |
Backlog | 1.0 |  | 366 |  |  | (175) |  |  | 191 |  |  | 1.8 |  | 2,378 |  |  | (239) |  |  | 2,139 |
Effect of exchange rate on gross carrying amount |  |  | (3,614) |  |  | — |  |  | (3,614) |  |  |  |  | (631) |  |  | — |  |  | (631) |
Intangible assets with finite lives |  |  | 71,673 |  |  | (21,759) |  |  | 49,914 |  |  |  |  | 94,627 |  |  | (10,133) |  |  | 84,494 |
IPR&D |  |  | 14,160 |  |  | — |  |  | 14,160 |  |  |  |  | 11,866 |  |  | — |  |  | 11,866 |
Effect of exchange rate on gross carrying amount |  |  | (957) |  |  | — |  |  | (957) |  |  |  |  | (75) |  |  | — |  |  | (75) |
Total intangible assets with indefinite lives |  |  | 13,203 |  |  | — |  |  | 13,203 |  |  |  |  | 11,791 |  |  | — |  |  | 11,791 |
Total intangible assets |  |  | $ | 84,876 |  |  | $ | (21,759) |  |  | $ | 63,117 |  |  |  |  | $ | 106,418 |  |  | $ | (10,133) |  |  | $ | 96,285 |
The Company obtained software licenses, which it uses for its research and development efforts related to its products. In fiscal 2022 and 2021, the Company obtained additional software licenses. Further, the Company has acquired developed technology, customer relationships, trade names, backlog and IPR&D as a result of the business combinations. The change in gross amount of intangible assets is related to the business combination valuation for TeraXion, ON Design and Symeo that was finalized during the twelve months ended December 31, 2022. See Note 3 — Business Combinations for additional information. Intangible assets with finite lives are amortized on a straight-line basis over the expected period to be benefited by future cash flows. The Company monitors and assesses these assets for impairment on a periodic basis. As of December 31, 2022, the Company determined that there was no impairment of intangible assets. Amortization of intangible assets for the years ended December 31, 2022 and 2021 was $11,644 and $4,769, respectively, and is included within Cost of goods sold, Research and development expenses, and Selling, general and administrative expenses based their respective nature, in the consolidated statements of operations. Based on the amount of definite-lived intangible assets subject to amortization as of December 31, 2022, amortization expense for each of the next five fiscal years is expected to be as follows:
2023 | $ | 14,553 |
2024 | 11,480 |
2025 | 6,676 |
2026 | 5,880 |
2027 | 4,003 |
Thereafter | 7,322 |
Total | $ | 49,914 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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