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Intangible Assets | 3 Months Ended
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Mar. 31, 2022
Intangible Assets, Net (Excluding Goodwill) [Abstract] |
Intangible Assets | Note 8. Intangible Assets The following is a summary of the Company’s acquired intangible as sets (dollars in thousands):
| March 31, 2022 |
| Weighted average amortization period (in years) |  | Gross carrying amount |  | Accumulated amortization |  | Net carrying amount |
Market related intangibles | 5 |  | $ | 1,820 |  | $ | 540 |  | $ | 1,280 |
Customer relationships | 7 |  |  | 13,780 |  |  | 5,015 |  |  | 8,765 |
Developed technologies | 11 |  |  | 4,380 |  |  | 997 |  |  | 3,383 |
Covenants to non-compete | 2 |  |  | 115 |  |  | 71 |  |  | 44 |
Total intangible assets, net |  |  | $ | 20,095 |  | $ | 6,623 |  | $ | 13,472 |
| 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 |
E stimated annual amortization of intangible assets for the next five years and thereafter is shown in the foll owing table (in thousands):
| Estimated future amortization |
2022 (remaining nine months) | $ | 2,269 |
2023 |  | 2,969 |
2024 |  | 2,968 |
2025 |  | 2,958 |
2026 |  | 557 |
Thereafter |  | 1,751 |
Total | $ | 13,472 |
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. Amortization expense was $0.8 million and $0.7 million for the three months ended March 31, 2022 and 2021, respectively.

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- Definition The entire disclosure for all or part of the information related to 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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- References No definition available. + Details
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