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Intangible Assets
3 Months Ended
Mar. 31, 2022
Intangible Assets  
Intangible Assets

5. Intangible Assets

 

Intangible assets as of March 31, 2022 and December 31, 2021 consisted of the following:

 

 

 

Estimated useful lives (years)

 

 

March 31, 2022

 

 

December 31, 2021

 

Tradename

 

 5

to

7

 

 

$

555

 

 

$

555

 

Patents and technological know-how

 

10

 to

20

 

 

 

33,812

 

 

 

33,553

 

Proprietary software

 

 3

to

15

 

 

 

2,981

 

 

 

2,981

 

Other

 

 3

to

5

 

 

 

323

 

 

 

323

 

Total intangible assets

 

 

 

 

 

 

 

37,671

 

 

 

37,412

 

Accumulated amortization

 

 

 

 

 

 

 

(12,996

)

 

 

(12,326

)

Total intangible assets, net

 

 

 

 

 

 

$

24,675

 

 

$

25,086

 

 

The amortization of intangible assets for the three months ended March 31, 2022 and 2021 was as follows: 

 

 

 

Three months ended March 31,

 

 

 

2022

 

 

2021

 

Amortization of intangible assets

 

$

670

 

 

$

511

 

 

The estimated future amortization expense of intangible assets is as follows:

 

Years ending December 31,

 

Amount

 

2022 (Remainder)

 

$

2,030

 

2023

 

 

2,700

 

2024

 

 

2,436

 

2025

 

 

2,375

 

2026

 

 

2,375

 

Thereafter

 

 

12,759

 

Total

 

$  

24,675