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Goodwill and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of identifiable intangible assets A summary of the Company’s identifiable intangible assets as of December 31, 2022 and December 31, 2021 is as follows (in thousands):

 

 

December 31, 2022

 

 

Gross carrying amount

 

 

Accumulated amortization

 

 

Intangibles, net

 

Patent rights

$

32,630

 

 

$

13,415

 

 

$

19,215

 

Acquired technology

 

21,940

 

 

 

6,216

 

 

 

15,724

 

Acquired licenses

 

5,711

 

 

 

184

 

 

 

5,527

 

Assembled workforce

 

500

 

 

 

375

 

 

 

125

 

Total intangible assets

$

60,781

 

 

$

20,190

 

 

$

40,591

 

 

 

December 31, 2021

 

 

Gross carrying amount

 

 

Accumulated amortization

 

 

Intangibles, net

 

Patent rights

$

32,630

 

 

$

11,239

 

 

$

21,391

 

Acquired technology

 

21,940

 

 

 

4,754

 

 

 

17,186

 

Assembled workforce

 

500

 

 

 

275

 

 

 

225

 

Total intangible assets

$

55,070

 

 

$

16,268

 

 

$

38,802

 

Estimated future amortization expense related to intangible assets

Estimated future amortization expense related to intangible assets at December 31, 2022 is as follows (in thousands):

 

Year Ended December 31,

Amount

 

2023

$

4,106

 

2024

 

4,031

 

2025

 

4,006

 

2026

 

4,006

 

2027

 

4,006

 

Thereafter

 

20,436

 

Total

$

40,591