Intangibles

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles

4. Intangibles

Intangible assets

The following table presents details of our purchased intangible assets as of September 30, 2024 and December 31, 2023:

	Balance at December 31, 2023		Additions		Impairments		Amortization			Foreign Exchange and Other		Balance at September 30, 2024
Patents and trademarks	$	53,663	$	8,768	$	—	$	(4,930	)	$	—	$	57,501
Customer and merchant relationships		6,138		—		—	$	(6,138	)		—		—
Trade names		1,609		—		—	$	(1,609	)		—		—
	$	61,410	$	8,768	$	—	$	(12,677	)	$	—	$	57,501

The intangible assets are being amortized on a straight-line basis over their estimated useful lives of one year to twenty years.

Amortization expense for intangible assets was $12,677 and $28,689 for the nine months ended September 30, 2024 and 2023, respectively, and is included in depreciation and amortization on the accompanying unaudited condensed consolidated statements of operations and comprehensive loss.

Amortization expense for intangible assets was $1,819 and $10,747 for the three months ended September 30, 2024 and 2023, respectively.

The estimated future amortization expense of our intangible assets as of September 30, 2024 was as follows:

Year ending December 31,	Amount
2024	$	1,811
2025	$	7,246
2026	$	7,246
2027	$	7,246
2028	$	7,246
Thereafter	$	26,706
Total	$	57,501