XML 43 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Goodwill and Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in the Carrying Amount of Goodwill
Changes in the carrying amount of goodwill were as follows:
(In thousands) 
Balance at December 31, 2022
$49,085 
Goodwill impairment(49,075)
Foreign exchange effects(10)
Balance at June 30, 2023
$— 
Components of Intangible Assets, Net
The components of intangible assets, net were as follows:
 June 30, 2023December 31, 2022
(In thousands)
Gross (1)
Accumulated
Amortization (1)
Net
Gross (1)
Accumulated
Amortization (1)
Net
Capitalized software development costs (2 years)
$1,991 $(200)$1,791 $1,647 $(44)$1,603 
Customer relationships
(10-15 years)
6,340 (3,442)2,898 6,340 (3,080)3,260 
Developed and core technology
(5-15 years)
4,520 (3,875)645 4,520 (3,693)827 
Distribution rights (10 years)
312 (299)13 308 (281)27 
Patents (10 years)
31,642 (11,669)19,973 29,388 (10,790)18,598 
Trademarks and trade names
(10 years)
450 (324)126 450 (295)155 
Total intangible assets, net$45,255 $(19,809)$25,446 $42,653 $(18,183)$24,470 

(1)This table excludes the gross value of fully amortized intangible assets totaling $44.1 million and $43.7 million at June 30, 2023 and December 31, 2022, respectively.
Finite-lived Intangible Assets Amortization Expense Amortization expense by statement of operations caption was as follows:
(In thousands)Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Cost of sales$148 $12 $156 $24 
Selling, general and administrative expenses1,107 989 2,163 1,910 
Total amortization expense$1,255 $1,001 $2,319 $1,934 
Estimated Future Amortization Expense Related to Intangible Assets
Estimated future annual amortization expense related to our intangible assets at June 30, 2023, was as follows:
(In thousands)
2023 (remaining 6 months)$2,505 
20244,910 
20254,149 
20263,464 
20272,916 
Thereafter7,502 
Total$25,446