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INTANGIBLE ASSETS, NET
9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS, NET

NOTE 6:       INTANGIBLE ASSETS, NET

 
Acquired intangible assets consisted of the following as of September 30, 2023, and December 31, 2022:
 
   
September 30, 2023
   
December 31, 2022
 
Intangible assets with finite lives:
           
Current Technology
 
$
33,974
   
$
29,196
 
Customer relationships
   
3,058
     
2,958
 
Trade names
   
3,671
     
3,287
 
Assembled workforce
   
4,484
     
3,575
 
Patents and licenses*
   
22,000
     
1,400
 
Gross intangible assets
   
67,187
     
40,416
 
Less - accumulated amortization
   
(25,240
)
   
(20,487
)
Total intangible assets, net
 
$
41,947
   
$
19,929
 
 
* See Note 16
 
For the three months ended September 30, 2023 and 2022, the Company recorded amortization expenses related to intangible assets in the amount of $2,663 and $2,464, respectively.
 
For the nine months ended September 30, 2023 and 2022, the Company recorded amortization expenses related to intangible assets in the amount of $5,901 and $7,741, respectively.
 
Expected future amortization expenses of intangible assets as of September 30, 2023 are as follows:
 
2023
 
$
2,351
 
2024
   
8,735
 
2025
   
7,834
 
2026
   
7,281
 
2027
   
4,134
 
2028 and thereafter
   
11,612
 
   
$
41,947