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Capitalized Software Development Costs, Net (Tables)
9 Months Ended
Sep. 30, 2022
Research and Development [Abstract]  
Summary of Capitalized Software Development Costs, Net

Capitalized software development costs, net consisted of the following (in thousands):

 

 

Gross
carrying
amount

 

 

Amortization
period

 

Accumulated
amortization

 

 

Net
carrying
amount

 

As of September 30, 2022

 

$

88,241

 

 

3 years

 

$

(60,618

)

 

$

27,623

 

As of December 31, 2021

 

 

75,042

 

 

3 years

 

 

(52,322

)

 

 

22,720

 

Schedule of Expected Amortization of Capitalized Software Development Costs

The expected amortization of capitalized software development costs, as of September 30, 2022, for each of the following years is as follows (in thousands):

 

 

 

 

2022 (for the remaining three months)

 

$

3,643

 

2023

 

 

11,926

 

2024

 

 

8,889

 

2025

 

 

3,165

 

 

 

$

27,623