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INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Intangible Assets, Net consisted of the following:
December 31,
20222021
Finite-lived intangible assets$690,871 $677,350 
Accumulated amortization(352,302)(288,698)
Net carrying value$338,569 $388,652 
Schedule of Net-Book-Value and Estimated Remaining Life of Finite-Lived Intangible Assets
The following table summarizes the carrying value and estimated remaining life of the Company’s finite-lived intangible assets as of December 31, 2022:
Net BalanceAverage Remaining Life
Acquired intellectual property$240,321 5.1 years
Technology transfer86,578 
5.4 years (1)
Repurchased royalty rights6,188 0.9 years
License payments5,436 7.7 years
Other46 0.3 years
Total$338,569 
(1)Certain technology transfer intangible assets have not yet been placed into service. The average remaining life presented is only for those placed into service.
Schedule of Future Amortization Expense of Finite-Lived Intangible Assets
As of December 31, 2022, the estimated future amortization expense associated with the Company’s finite-lived intangible assets that have been placed into service, was as follows:
Fiscal YearAmount
2023$63,688 
202457,413 
202538,136 
202638,136 
202738,136 
Thereafter25,746 
$261,255