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INTANGIBLE ASSETS, NET (Tables) | 6 Months Ended
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Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible asset |
Schedule of intangible asset |  |  |  |  |  |  |  |  |  |
|  | Useful Life |  | June 30, 2023 |  |  | December 31, 2022 |
Developed technology |  | 3-8 years |  | $ | 7,984,000 |  |  | $ | 24,584,000 |
Customer list |  | 8-10 years |  |  | 5,829,000 |  |  |  | 5,865,000 |
Trade names |  | 5-10 years |  |  | 3,916,000 |  |  |  | 4,316,000 |
Trade name and trademark |  | Indefinite life |  |  | 1,513,000 |  |  |  | 1,493,000 |
Domain name and other intangible assets |  | 5 years |  |  | 599,000 |  |  |  | 630,000 |
|  |  |  |  | 19,841,000 |  |  |  | 36,888,000 |
Accumulated amortization |  |  |  |  | (2,551,000 | ) |  |  | (2,102,000 | )
Intangible assets, net |  |  |  | $ | 17,290,000 |  |  | $ | 34,786,000 |
Schedule of indefinite-lived intangible assets |
Schedule of indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |
|  | For the Three Months Ended |  |  | For the Six Months Ended |
|  | June 30, |  |  | June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Amortization expense |  | $ | 254,000 |  |  | $ | 79,000 |  |  | $ | 507,000 |  |  | $ | 158,000 |
Schedule of estimated amortization expense |
Schedule of estimated amortization expense |  |  |  |
2023 |  | $ | 1,029,000 |
2024 |  |  | 2,026,000 |
2025 |  |  | 1,926,000 |
2026 |  |  | 1,826,000 |
2027 |  |  | 1,826,000 |
Thereafter |  |  | 7,144,000 |
|  | $ | 15,777,000 |
Impairment of AVLP Intangible Assets Due to indicators of impairment, AVLP intangible assets were tested for impairment as of June 30, 2023. Based on internally developed forecasts of undiscounted expected future cash flows, it was determined that the carrying amount of the assets were not recoverable and, based on an assessment of the fair value of the assets, impairment of $17.0 million was recognized as a non-cash impairment charge during the six months ended June 30, 2023. The tradenames and patents/developed technology intangible assets were valued using the relief-from-royalty method. The relief-from-royalty method is one of the methods under the income approach wherein estimates of a company’s earnings attributable to the intangible asset are based on the royalty rate the company would have paid for the use of the asset if it did not own it. Royalty payments are estimated by applying royalty rates of 18% for patents and developed technology and 0.25% for trademarks. The resulting net annual royalty payments are then discounted to present value using a discount factor of 25.7%.

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