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Goodwill and Other Intangible Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets | Goodwill and Other Intangible Assets A summary of the activity in goodwill is presented below (in thousands):
Balance at December 31, 2020 | $ | 32,511 |
Effect of Ctrack South Africa divestiture | (10,734) |
Effect of change in foreign currency exchange rates | (1,441) |
Balance at December 31, 2021 | 20,336 |
Effect of change in foreign currency exchange rates | 1,586 |
Balance at December 31, 2022 | $ | 21,922 |
The Company’s intangible assets are comprised of the following (in thousands):
| December 31, 2022
| Weighted-Average Life (in years) |  | Gross Carrying Value |  | Accumulated Amortization |  |  |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Developed technologies | 6.0 |  | $ | 4,534 |  |  | $ | (4,016) |  |  |  |  | $ | 518 |
Trademarks and trade names | 10.0 |  | 9,513 |  |  | (7,105) |  |  |  |  | 2,408 |
Customer relationships | 10.0 |  | 8,500 |  |  | (6,597) |  |  |  |  | 1,903 |
Capitalized software development costs | 2.8 |  | 40,767 |  |  | (11,686) |  |  |  |  | 29,081 |
Other | 3.0 |  | 2,884 |  |  | (2,225) |  |  |  |  | 659 |
Total finite-lived intangible assets |  |  | $ | 66,198 |  |  | $ | (31,629) |  |  |  |  | 34,569 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
In-process capitalized software development costs |  |  |  |  |  |  |  |  | 6,814 |
Total intangible assets |  |  |  |  |  |  |  |  | $ | 41,383 |
| December 31, 2021
| Weighted-Average Life (in years) |  | Gross Carrying Value |  | Accumulated Amortization |  |  |  | Net Carrying Value
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |
Developed technologies | 6.0 |  | $ | 8,305 |  |  | $ | (7,100) |  |  |  |  | $ | 1,205 |
Trademarks and trade names | 10.0 |  | 9,088 |  |  | (5,920) |  |  |  |  | 3,168 |
Customer relationships | 10.0 |  | 11,995 |  |  | (9,242) |  |  |  |  | 2,753 |
Capitalized software development costs | 3.1 |  | 54,581 |  |  | (24,604) |  |  |  |  | 29,977 |
Other | 3.0 |  | 2,885 |  |  | (1,538) |  |  |  |  | 1,347 |
Total finite-lived intangible assets |  |  | $ | 86,854 |  |  | $ | (48,404) |  |  |  |  | 38,450 |
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |
In-process capitalized software development costs |  |  |  |  |  |  |  |  | 8,545 |
Total intangible assets |  |  |  |  |  |  |  |  | $ | 46,995 |
Amortization expense for the years ended December 31, 2022, 2021 and 2020 was approximately $20.1 million, $15.5 million, and $18.0 million, respectively, including approximately $17.9 million, $12.2 million and $12.9 million related to capitalized software development costs for the years ended December 31, 2022, 2021 and 2020, respectively. For the years ended December 31, 2022, 2021, and 2020, the Company recorded $3.0 million, $1.2 million, and $1.4 million, respectively, of impairment losses on intangible assets related to internal use capitalized software. The following table represents details of the amortization of finite-lived intangible assets that is estimated to be expensed in the future (in thousands):
2023 | $ | 15,181 |
2024 | 9,235 |
2025 | 3,976 |
2026 | 2,178 |
2027 | 2,104 |
Thereafter | 1,895 |
Total | $ | 34,569 |

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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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