XML 22 R13.htm IDEA: XBRL DOCUMENT
v3.22.2

Goodwill and Intangible Assets, Net | 6 Months Ended
--- | ---
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets, Net | Goodwill and Intangible Assets, Net Goodwill Changes in the carrying amount of goodwill were as follows:
(In thousands) |
Balance at December 31, 2021 | $ | 48,463 |
Goodwill acquired during the period (1) | 713 |
Foreign exchange effects | (132) |
Balance at June 30, 2022 | $ | 49,044 |
(1) During the six months ended June 30, 2022, we recognized $0.7 million of goodwill related to the Qterics, Inc. ("Qterics") acquisition. Refer to Note 19 for further information about this acquisition. Intangible Assets, Net The components of intangible assets, net were as follows:
| June 30, 2022 |  | December 31, 2021
(In thousands) | Gross (1) |  | Accumulated Amortization (1) |  | Net |  | Gross (1) |  | Accumulated Amortization (1) |  | Net
Capitalized software development costs | $ | 1,391 |  |  | $ | (52) |  |  | $ | 1,339 |  |  | $ | 1,066 |  |  | $ | (27) |  |  | $ | 1,039 |
Customer relationships | 6,340 |  |  | (2,718) |  |  | 3,622 |  |  | 5,000 |  |  | (2,375) |  |  | 2,625 |
Developed and core technology | 4,520 |  |  | (3,511) |  |  | 1,009 |  |  | 4,080 |  |  | (3,335) |  |  | 745 |
Distribution rights | 300 |  |  | (261) |  |  | 39 |  |  | 325 |  |  | (269) |  |  | 56 |
Patents | 26,650 |  |  | (9,773) |  |  | 16,877 |  |  | 24,518 |  |  | (9,015) |  |  | 15,503 |
Trademarks and trade names | 850 |  |  | (656) |  |  | 194 |  |  | 800 |  |  | (599) |  |  | 201 |
Total intangible assets, net | $ | 40,051 |  |  | $ | (16,971) |  |  | $ | 23,080 |  |  | $ | 35,789 |  |  | $ | (15,620) |  |  | $ | 20,169 |
(1)This table excludes the gross value of fully amortized intangible assets totaling $43.6 million and $43.2 million at June 30, 2022 and December 31, 2021, respectively. Amortization expense is recorded in selling, general and administrative expenses, except amortization expense related to capitalized software development costs, which is recorded in cost of sales. Amortization expense by statement of operations caption was as follows:
(In thousands) | Three Months Ended June 30, |  | Six Months Ended June 30,
2022 |  | 2021 |  | 2022 |  | 2021
Cost of sales | $ | 12 |  |  | $ | 4 |  |  | $ | 24 |  |  | $ | 8 |
Selling, general and administrative expenses | 989 |  |  | 712 |  |  | 1,910 |  |  | 1,546 |
Total amortization expense | $ | 1,001 |  |  | $ | 716 |  |  | $ | 1,934 |  |  | $ | 1,554 |
Estimated future annual amortization expense related to our intangible assets at June 30, 2022, was as follows:
(In thousands) |
2022 (remaining 6 months) | $ | 2,295 |
2023 | 4,592 |
2024 | 3,792 |
2025 | 3,031 |
2026 | 2,814 |
Thereafter | 6,556 |
Total | $ | 23,080 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration