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Goodwill and Intangible Assets | 12 Months Ended
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Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Note 8. Goodwill and Intangible Assets The change in the carrying amount of goodwill was as follows (in thousands):
Goodwill as of December 31, 2020 |  | $ | 3,700 |
Changes in goodwill |  |  | 7,145 |
Goodwill as of December 31, 2021 |  | $ | 10,845 |
There were no changes to goodwill during the year ended December 31, 2020. Cumulative goodwill impairments as of December 31, 2021 and 2020 were $0. The following is a summary of the Company’s acquired intangible assets as of December 31 (dollars in thousands):
|  | December 31, 2021 |
|  | Weighted average amortization period (in years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |
Market related intangibles |  | 5 |  | $ | 1,820 |  |  | $ | 454 |  |  | $ | 1,366 |
Customer relationships |  | 7 |  |  | 13,780 |  |  |  | 4,447 |  |  |  | 9,333 |
Developed technologies |  | 11 |  |  | 4,380 |  |  |  | 908 |  |  |  | 3,472 |
Covenants to non-compete |  | 2 |  |  | 115 |  |  |  | 57 |  |  |  | 58 |
Total intangible assets, net |  |  |  | $ | 20,095 |  |  | $ | 5,866 |  |  | $ | 14,229 |
|  | December 31, 2020 |
|  | Weighted average amortization period (in years) |  | Gross carrying amount |  |  | Accumulated amortization |  |  | Net carrying amount |
Market related intangibles |  | 3 |  | $ | 120 |  |  | $ | 120 |  |  | $ | — |
Customer relationships |  | 10 |  |  | 4,830 |  |  |  | 2,203 |  |  |  | 2,627 |
Developed technologies |  | 9 |  |  | 1,080 |  |  |  | 539 |  |  |  | 541 |
Total intangible assets, net |  |  |  | $ | 6,030 |  |  | $ | 2,862 |  |  | $ | 3,168 |
The estimated annual amortization of intangible assets for the next five years and thereafter is shown in the following table (actual amortization expense to be reported in future periods could differ from these estimates as a result of acquisitions, divestitures, and asset impairments, among other factors) (in thousands):
|  | Estimated future amortization |
2022 |  |  | 3,026 |
2023 |  |  | 2,969 |
2024 |  |  | 2,968 |
2025 |  |  | 2,958 |
2026 |  |  | 557 |
Thereafter |  |  | 1,751 |
Total |  | $ | 14,229 |
Amortization expense was $3.0 million and $0.6 million for the years ended December 31, 2021 and 2020, respectively.

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- 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 http://asc.fasb.org/topic&trid=2144416 + Details
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