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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets

Note 6 – Goodwill and Intangible Assets

Intangible assets, excluding goodwill, consist of the following (in thousands):

 

 

December 31, 2022

 

 

December 31, 2021

 

 

 

Cost

 

 

Accumulated
Amortization

 

 

Net Carrying Value

 

 

Cost

 

 

Accumulated
Amortization

 

 

Net Carrying Value

 

Intangible assets subject to amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Patents

 

$

1,880

 

 

$

(647

)

 

$

1,233

 

 

$

1,755

 

 

$

(566

)

 

$

1,189

 

Purchased technology

 

 

16,900

 

 

 

(8,450

)

 

 

8,450

 

 

 

16,900

 

 

 

(6,572

)

 

 

10,328

 

Intangible assets not subject to
    amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

 

 

114

 

 

 

 

 

 

114

 

 

 

100

 

 

 

 

 

 

100

 

   Total

 

$

18,894

 

 

$

(9,097

)

 

$

9,797

 

 

$

18,755

 

 

$

(7,138

)

 

$

11,617

 

 

Amortization expense related to definite-lived intangible assets was (in thousands):

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

Direct costs and expenses

 

$

2

 

 

$

5

 

Sales, marketing, general and administrative

 

 

1,973

 

 

 

1,945

 

   Total

 

$

1,975

 

 

$

1,950

 

 

Future estimated amortization expense of intangible assets is (in thousands):

 

 

As of
December 31, 2022

 

2023

 

$

1,972

 

2024

 

 

1,963

 

2025

 

 

1,957

 

2026

 

 

1,943

 

2027

 

 

992

 

2028 and thereafter

 

 

856

 

Total

 

$

9,683