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Goodwill and Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of finite-lived intangible assets

Intangible assets, net were comprised of the following at September 30, 2023 (in thousands, except for weighted-average period):


		Estimated life		Cost Basis				Accumulated Amortization				Net				Remaining Weighted-Average Amortization Period
Tradenames		5 years		$	1,233			$	(547	)		$	686				2.78
Customer relationships		5 years			2,574				(1,141	)			1,433				2.78
Software applications		5 years			3,771				(1,672	)			2,099				2.78
				$	7,578			$	(3,360	)		$	4,218

Intangible assets, net were comprised of the following at December 31, 2022 (in thousands, except for weighted-average period):


		Estimated life		Cost Basis				Accumulated Amortization				Net				Remaining Weighted-Average Amortization Period
Tradenames		5 years		$	1,233			$	(363	)		$	870				3.53
Customer relationships		5 years			2,574				(756	)			1,818				3.53
Software applications		5 years			3,771				(1,108	)			2,663				3.53
				$	7,578			$	(2,227	)		$	5,351

Schedule of finite-lived intangible assets, future amortization expense

Estimated future amortization expense as of September 30, 2023 approximately as follows (in thousands):


		Amount
2023 (for the remainder of)		$	382
2024			1,516
2025			1,516
2026			804
Total		$	4,218