Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table presents goodwill as of September 30, 2023 (in thousands):

	Nine Months Ended September 30, 2023
Balance at beginning of period	$	3,881
Additions from acquisition	$	15,590
Foreign currency translation adjustment		(422	)
Total	$	19,049

Schedule of Intangible Assets

As of September 30, 2023, intangible assets comprised of the following (in thousands):

	Estimated Useful Life in Years	Gross Carrying Amount		Accumulated Amortization			Net
Definite-lived intangible assets:
Backlog	0.25		741		(741	)		—
Customer Relationships	1		3,546		(1,773	)		1,773
Developed Technology	7.25		12,491		(861	)		11,630
Patent	3		250		(17	)		233
Tradename	8		1,164		(73	)		1,091
Total definite-lived intangible assets (1)			18,192		(3,465	)		14,727
(1) Foreign intangible asset carrying amounts are affected by foreign currency translation

Schedule of Estimated Intangible Asset Amortization Expense

As of September 30, 2023, the estimated intangible asset amortization expense for the next five years and thereafter is as follows:

	Estimated Amortization
	(in thousands)
Remainder of 2023	$	1,375
2024		2,838
2025		1,952
2026		1,914
2027		1,869
Thereafter		4,779
Total	$	14,727