Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net (Tables)

v3.22.2.2
Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

Intangible assets, net, are comprised of the following (In thousands):

Category

 

Useful Life

 

September 30, 2022

 

 

December 31, 2021

 

Trademark

 

Indefinite life

 

$

1,449

 

 

$

1,546

 

Tradename

 

12 years

 

 

1,040

 

 

 

 

Customer list

 

10-16 years

 

 

7,017

 

 

 

3,488

 

Developed technology

 

8 years

 

 

1,410

 

 

 

 

Domain name and other intangible assets

 

5 years

 

 

626

 

 

 

713

 

 

 

 

 

 

11,542

 

 

 

5,747

 

Less: accumulated depreciation and amortization

 

 

 

 

(1,791

)

 

 

(1,712

)

Intangible assets, net

 

 

 

$

9,751

 

 

$

4,035

 

Schedule of Estimated Amortization Expense

The following table presents estimated amortization expense for each of the succeeding five calendar years and thereafter (In thousands):

Fiscal Year

 

September 30, 2022

 

 

2022 (remainder)

 

$

282

 

 

2023

 

 

873

 

 

2024

 

 

743

 

 

2025

 

 

743

 

 

2026

 

 

1,095

 

 

2027

 

 

1,003

 

 

Thereafter

 

 

3,563

 

 

 

 

$

8,302