Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets and Estimated Useful Lives

Intangible assets and their estimated useful lives as of June 30, 2023 are as follows (dollars in thousands):

	Useful Life	Gross Amount		Accumulated Amortization		Net Book Value
Customer relationships	8 and 10 years	$	2,680	$	569	$	2,111
Developed technology	5 and 7 years		710		239		471
Trade name trademarks	3 and 7 years		30		13		17
		$	3,420	$	821	$	2,599

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We expect to record amortization expense for the remainder of 2023 and each subsequent year and thereafter as follows (in thousands):

Reminder of 2023	$	207
2024		415
2025		407
2026		356
2027		356
Thereafter		858
	$	2,599