Intangible Assets, Net

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Note 6 Intangible Assets, Net

The Company’s intangible assets, net consisted of the following (in thousands):


		September 30, 2023							December 31, 2022
	Weighted Average Useful Lives	Gross Carrying Value		Accumulated Amortization			Net Book Value		Gross Carrying Value		Accumulated Amortization			Net Book Value
Internally developed software	3.0 Years	$	19,931	$	(7,274	)	$	12,657	$	21,694	$	(11,605	)	$	10,089
Domain name	15.0 Years		121		(53	)		68		121		(47	)		74
Intangible assets, net		$	20,052	$	(7,327	)	$	12,725	$	21,815	$	(11,652	)	$	10,163

The future estimated amortization expenses as of September 30, 2023, were as follows (in thousands):


2023 (remaining)	$	1,344
2024		5,627
2025		3,770
2026		1,942
2027		8
Thereafter		34
Total future amortization	$	12,725

Amortization expense for the three and nine months ended September 30, 2023, was $1.2 million and $3.3 million, respectively. Amortization expense for the three and nine months ended September 30, 2022, was $2.3 million and $4.9 million, respectively. No impairment charges were recognized related to long-lived assets for the for the three and nine months ended September 30, 2023 and 2022.

Amortization expense related to change in useful life of a certain definite-lived intangible asset for the three and nine months ended September 30, 2023, was $0 and $0.3 million, respectively. Amortization expense related to change in useful life of a certain definite-lived intangible asset for the three and nine months ended September 30, 2022, was $1.5 million and 2.1 million, respectively.