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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Activity in Carrying Value of Goodwill by Reporting Unit

The following table summarizes the activity in the carrying value of goodwill by reporting unit for the six months ended June 30, 2022 (in thousands):

 

 

 

Ecommerce

 

 

Wholesale

 

 

TDA

 

 

Total

 

Balance as of December 31, 2021

 

$

152,876

 

 

$

1,720

 

 

$

4,221

 

 

$

158,817

 

Acquisition

 

 

42,886

 

 

 

 

 

 

 

 

 

42,886

 

Goodwill impairment charge

 

 

(195,762

)

 

 

(1,720

)

 

 

(4,221

)

 

 

(201,703

)

Balance as of June 30, 2022

 

$

 

 

$

 

 

$

 

 

$

 

 

Schedule of Intangible Assets, Net

Intangible assets, net consisted of the following (in thousands):

 

 

 

June 30, 2023

 

 

December 31, 2022

 

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Carrying Value

 

 

Gross Carrying Value

 

 

Accumulated Amortization

 

 

Carrying Value

 

Developed and purchased technology

 

$

108,700

 

 

$

(29,552

)

 

$

79,148

 

 

$

108,700

 

 

$

(21,053

)

 

$

87,647

 

Customer relationships

 

 

69,400

 

 

 

(12,999

)

 

 

56,401

 

 

 

69,400

 

 

 

(8,661

)

 

 

60,739

 

Trademarks and trade names

 

 

12,200

 

 

 

(2,350

)

 

 

9,850

 

 

 

12,200

 

 

 

(1,676

)

 

 

10,524

 

      Total intangible assets

 

$

190,300

 

 

$

(44,901

)

 

$

145,399

 

 

$

190,300

 

 

$

(31,390

)

 

$

158,910

 

Schedule of Estimated Amortization Expense for Intangible Assets

The estimated amortization expense for intangible assets subsequent to June 30, 2023, consists of the following (in thousands):

 

Year Ending December 31:

 

 

 

For remainder of 2023

 

$

13,511

 

2024

 

 

27,022

 

2025

 

 

27,022

 

2026

 

 

21,979

 

2027

 

 

21,882

 

Thereafter

 

 

33,983

 

 

$

145,399