v3.22.2.2
Intangible Assets
9 Months Ended
Sep. 30, 2022
Intangible Assets  
Intangible Assets

Note 9. Intangible Assets

The following table provides information regarding the Company’s intangible assets subject to amortization, which consist of the following:

September 30, 2022

December 31, 2021

Gross

Net

Gross

Net

Carrying

Accumulated

Carrying

Carrying

Accumulated

Carrying

    

Amount

    

Amortization

    

Amount

    

Amount

    

Amortization

    

Amount

Trade names

$

1,641

$

(1,302)

$

339

$

1,339

$

(1,118)

$

221

Customer relationships

1,510

(482)

1,028

Software

 

4,403

 

(1,448)

 

2,955

 

3,886

 

(484)

 

3,402

Licenses

116

(24)

92

116

(7)

109

Total intangible assets

$

7,670

$

(3,256)

$

4,414

$

5,341

$

(1,609)

$

3,732

The Company’s intangible assets are amortized over their expected useful lives. The Company recorded amortization expense of $474 and $95 during the three months ended September 30, 2022 and 2021, respectively, and $1,338 and $300 during the nine months ended September 30, 2022 and 2021, respectively.

Based on the intangible assets balance as of September 30, 2022, the estimated amortization expense for the remainder of the calendar year and each of the succeeding calendar years is as follows:

Calendar Years ending December 31, 

    

Amount

Remaining 2022

$

439

2023

 

1,491

2024

 

1,449

2025

 

397

2026

323

Thereafter

315

Total

$

4,414