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Goodwill and Intangible Assets
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Goodwill and Intangible Assets
Goodwill
Goodwill consisted of the following:
Balance as of December 31, 2022$— 
Goodwill from acquisition of Power Finance, Inc.
123,000 
Measurement period adjustments
523 
Balance as of December 31, 2023
$123,523 
Intangibles Assets, net
Intangible assets consisted of the following as of the dates presented:
December 31,
2023
December 31,
2022
Developed technology
$41,000 $— 
Accumulated amortization
(5,369)— 
   Intangibles, net
$35,631 $— 
The amortization period for developed technology intangible assets is 7 years. Amortization expense for developed technology was $5.4 million for year ended December 31, 2023.
Expected future amortization expense for intangible assets was as follows as of December 31, 2023:
2024
$5,857 
2025
5,857 
2026
5,857 
2027
5,857 
2028
5,857 
Thereafter6,345 
Total expected future amortization expense for intangible assets
$35,631