XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.23.1

Intangible Assets | 12 Months Ended
--- | ---
Dec. 31, 2022
Intangible Assets |
Intangible Assets | 3. Intangible Assets Intangibl e assets as of December 31, 2022 an d 2021 consisted of the following:
|  | Estimated useful lives |  |  | As of December 31, |
|  | (in years) |  |  | 2022 |  |  | 2021 |
Tradename |  |  | 5 | to | 7 |  |  | $ | 555 |  |  | $ | 555 |
Patents and technological know-how |  |  | 10 | to | 20 |  |  |  | 7,053 |  |  |  | 33,553 |
Proprietary software |  |  | 3 | to | 15 |  |  |  | 2,981 |  |  |  | 2,981 |
Other |  |  | 3 | to | 5 |  |  |  | 323 |  |  |  | 323 |
Total intangible assets, gross |  |  |  |  |  |  |  |  | 10,912 |  |  |  | 37,412 |
Accumulated amortization |  |  |  |  |  |  |  |  | (8,841 | ) |  |  | (12,326 | )
Total intangible assets, net |  |  |  |  |  |  |  | $ | 2,071 |  |  | $ | 25,086 |
Patents and technological know-how as of December 31, 2021 include capitalized legal expenses, net of amortizatio n of $22,637 rela ted to our defense of patents from infringement by our competitors. Legal expenses were capitalized upon satisfaction of two conditions: (a) a determination being made that a successful defense of this litigation is probable, and (b) that the monetary benefits arising out of such successful defense will be in excess of the costs for the defense. The Company capitalized $737 and $7,836 of litigation expenses related to this matter during the twelve months ended December 31, 2022 and 2021, respectively. A gain of $33,623 was recognized and included under other income after deducting the entire capitalized legal costs amounting to $27,374 net of amortized costs of $5,997 from the one-time legal settlement amount of $55,000, which is included in the balance sheet under legal settlement receivable as of December 31, 2022. Please refer to Note 8 - Commitments and Contingencies for additional information. During t he years ended December 31, 2022 and 2021, amortization of these intangible assets were$2,512 and $2,288 respectively. The estimated future amortization expense of intangible assets is as follows:
Years ending December 31, |  |  |  |
2022 |  | $ | 512 |
2023 |  |  | 249 |
2024 |  |  | 188 |
2025 |  |  | 187 |
2026 |  |  | 57 |
Thereafter |  |  | 878 |
Total |  | $ | 2,071 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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 https://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration