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