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INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2021

INTANGIBLE ASSETS

Schedule of finite-Lived intangible assets

Intangible assets as of December 31, 2021 and 2020 consisted of the following:

​	​	​	​	​	​	​
​	​	December 31,
(in thousands)		2021			2020
Finite-lived assets:	​	​	​	​	​	​
Patents	​	$	3,887	​	$	3,779
Capitalized software development costs	​		3,833	​		2,676
Customer Relationships	​	​	187	​	​	—
Accumulated amortization	​	​	(5,285)	​	​	(4,328)
Finite-lived assets, net	​	​	2,622	​	​	2,127
Indefinite-lived assets:	​		​	​		​
Domain name	​		—	​		10
Intangible assets, net	​	$	2,622	​	$	2,137

​

Summary of amortization expense associated with intangible assets

The following table summarizes amortization expense associated with intangible assets for the fiscal years ended December 31, 2021 and 2020:

​	​	​	​	​	​	​
​	​	Year ended December 31,
(in thousands)		2021			2020
Patents	​	$	379	​	$	428
Capitalized software development costs	​	​	845	​	​	449
Customer Relationships	​		1	​		—
Total amortization expense	​	$	1,225	​	$	877

Schedule of weighted average remaining useful life of finite-lived intangible assets (in years)

The weighted average remaining useful life of our finite-lived intangible assets (in years) as of December 31, 2021 are as follows:

​	​	​
Weighted average remaining amortization period (in years)		​
Patents		2.2
Capitalized software development costs	​	2.3
Customer Relationships		2.0

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