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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets |
Goodwill and Intangible Assets | Note 8. Goodwill and Intangible Assets Goodwill The following table represents the changes in the carrying value of goodwill for the nine months ended September 30, 2022 and 2021 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | September 30,
​ |  | 2022 |  | 2021
Balance at beginning of year |  | ​ | 146,954 | ​ | ​ | 145,282
Foreign currency adjustment |  | ​ | (8,165) | ​ | ​ | (1,093)
Goodwill related to MVE acquisition |  | ​ | — | ​ | ​ | 483
Goodwill related to CRYOPDP acquisition |  | ​ | — | ​ | ​ | (828)
Goodwill related to CTSA and F-airGate acquisitions | ​ | ​ | 6 | ​ | ​ | 2,527
Goodwill related to Cell&Co acquisition | ​ | ​ | 2,451 | ​ | ​ | —
Goodwill related to Polar Expres acquisition | ​ | ​ | 1,702 | ​ | ​ | —
Goodwill related to Cell Matters acquisition | ​ | ​ | 4,510 | ​ | ​ | —
Total |  | $ | 147,458 | ​ | $ | 146,371
​ Intangible Assets The following table presents our intangible assets as of September 30, 2022 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted
​ | ​ | ​ | ​ | ​ | ​ | Net | ​ | Average
​ | ​ | Gross | ​ | Accumulated | ​ | Carrying | ​ | Amortization
​ |  | Amount |  | Amortization |  | Amount |  | Period (years)
Non-compete agreement | ​ | $ | 390 | ​ | $ | 260 | ​ | $ | 130 | ​ | 2
Technology | ​ | ​ | 36,080 | ​ | ​ | 7,636 | ​ | ​ | 28,444 | ​ | 10
Customer relationships | ​ | ​ | 131,447 | ​ | ​ | 19,200 | ​ | ​ | 112,247 | ​ | 12
Trade name/trademark | ​ | ​ | 793 | ​ | ​ | 118 | ​ | ​ | 675 | ​ | 12
Agent network | ​ | ​ | 11,583 | ​ | ​ | 5,792 | ​ | ​ | 5,791 | ​ | 2
Order backlog | ​ | ​ | 2,600 | ​ | ​ | 2,600 | ​ | ​ | — | ​ | —
Land use rights | ​ | ​ | 2,378 | ​ | ​ | 305 | ​ | ​ | 2,073 | ​ | 36
Patents and trademarks | ​ | ​ | 45,084 | ​ | ​ | 2,304 | ​ | ​ | 42,780 | ​ | —
Total | ​ | $ | 230,355 | ​ | $ | 38,215 | ​ | $ | 192,140 | ​ | ​
​ The following table presents our intangible assets as of December 31, 2021 (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Weighted
​ | ​ | ​ | ​ | ​ | ​ | Net | ​ | Average
​ | ​ | Gross | ​ | Accumulated | ​ | Carrying | ​ | Amortization
​ |  | Amount |  | Amortization |  | Amount |  | Period (years)
Non-compete agreement | ​ | $ | 390 | ​ | $ | 201 | ​ | $ | 189 |  | 2
Technology | ​ | ​ | 35,116 | ​ | ​ | 4,790 | ​ | ​ | 30,326 | ​ | 10
Customer relationships | ​ | ​ | 128,593 | ​ | ​ | 11,725 | ​ | ​ | 116,868 | ​ | 13
Trade name/trademark | ​ | ​ | 510 | ​ | ​ | 112 | ​ | ​ | 398 | ​ | 12
Agent network | ​ | ​ | 10,686 | ​ | ​ | 3,047 | ​ | ​ | 7,639 | ​ | 3
Order backlog | ​ | ​ | 2,600 | ​ | ​ | 2,600 | ​ | ​ | — | ​ | —
Land use rights | ​ | ​ | 2,378 | ​ | ​ | 7 | ​ | ​ | 2,371 | ​ | 36
Patents and trademarks | ​ | ​ | 44,566 | ​ | ​ | 930 | ​ | ​ | 43,636 |  | —
Total | ​ | $ | 224,839 | ​ | $ | 23,412 | ​ | $ | 201,427 | ​ | ​
​ Amortization expense for intangible assets for the three and nine months ended September 30, 2022 was $3.4 million and $11.2 million, respectively. Amortization expense for intangible assets for the three and nine months ended September 30, 2021 was $3.7 million and $10.8 million, respectively. Expected future amortization of intangible assets as of September 30, 2022 is as follows: ​
​ | ​ | ​ | ​
Years Ending December 31, |  | Amount
Remainder of 2022 | ​ | $ | 3,736
2023 | ​ |  | 14,940
2024 | ​ |  | 14,369
2025 | ​ |  | 12,543
2026 | ​ |  | 12,307
Thereafter | ​ |  | 89,648
​ | ​ | $ | 147,543
​

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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