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Intangible Assets
9 Months Ended
Sep. 30, 2023
Intangible Assets  
Intangible Assets

5. Intangible Assets

 

Intangible assets as of September 30, 2023 and December 31, 2022 consisted of the following:

 

 

 

Estimated useful lives (years)

 

 

September 30, 2023

 

 

December 31, 2022

 

Tradename

 

 5

to

7

 

 

$

555

 

 

$

555

 

Patents and technological know-how

 

10

to

20

 

 

 

7,164

 

 

 

7,053

 

Proprietary software

 

 3

to

15

 

 

 

2,981

 

 

 

2,981

 

Other

 

 3

to

5

 

 

 

323

 

 

 

323

 

Total intangible assets

 

 

 

 

 

 

 

11,023

 

 

 

10,912

 

Accumulated amortization

 

 

 

 

 

 

 

(9,229

)

 

 

(8,841

)

Total intangible assets, net

 

 

 

 

 

 

$

1,794

 

 

$

2,071

 

 

The amortization of intangible assets for the three and nine months ended September 30, 2023 and 2022 was as follows: 

 

 


Three months ended September 30,


Nine months ended September 30,

 


2023

2022

2023


2022

Amortization of intangible assets


$ 141

$ 686

$ 388

$ 2,038

 

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

 

Years ending December 31,

 

Amount

 

2023 (Remainder)

 

$

129

 

2024

 

 

255

 

2025

 

 

194

 

2026

 

 

193

 

2027

 

 

63

 

Thereafter

 

 

960

 

Total

 

$  

1,794