Intangible Assets

9 Months Ended

Sep. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Intangible Assets

Note 6 – Intangible Assets

Intangible assets and their estimated useful lives as of September 30, 2022 are as follows (dollars in thousands):

	Useful Life	Gross Amount		Accumulated Amortization		Net Book Value
Customer relationships	8 and 10 years	$	2,680	$	351	$	2,329
Developed technology	5 and years		710		151		559
Trade name trademarks	3 and 7 years		30		8		22
		$	3,420	$	510	$	2,910

During the three months ended September 30, 2022 and 2021, we recorded $0.1 million and $44 thousand of intangible assets amortization expense, respectively. During the nine months ended September 30, 2022 and 2021, we recorded $0.3 million and $0.1 million of intangible asset amortization expense, respectively. We expect to record amortization expense for the remainder of 2022 and each subsequent year as follows (in thousands):

2022	$	103
2023		415
2024		415
2025		412
2026		412
Thereafter		1,153
	$	2,910