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Intangible Assets, net (Tables)
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill and Intangible Assets

At June 30, 2023 and December 31, 2022, intangible assets, net, consisted of the following (in thousands):

 

   June 30, 2023   December 31, 2022 
Intangible assets:          
Acquired IPR&D - DetermaIO (1)  $9,700   $14,650 
Acquired IPR&D - DetermaCNI and VitaGraft (2)   46,800    46,800 
           
Intangible assets subject to amortization:          
Acquired intangible assets - customer relationship   440    440 
Total intangible assets   56,940    61,890 
Accumulated amortization - customer relationship(3)   (301)   (257)
Intangible assets, net  $56,639   $61,633 

 

(1) See Note 3 for information on the Insight Merger.
(2) See Note 3 for information on the Chronix Merger.
(3) Amortization of intangible assets is included in “Cost of revenues – amortization of acquired intangibles” on the condensed consolidated statements of operations because the intangible assets pertain directly to the revenues generated from the acquired intangibles.
Schedule of Intangible Assets Future Amortization Expense

Future amortization expense of intangible assets subject to amortization is expected to be the following (in thousands):

 

   Amortization 
Year ending December 31,     
2023  $44 
2024   88 
2025   7 
Total  $139