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Intangible Assets
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets

Note 9 — Intangible Assets

 

Intangible assets, less accumulated amortization, consisted of the following as of:

 

   Estimated Useful Life  March 31, 2022   December 31, 2021 
Defensive asset  5 years  $2,105   $2,105 
Other  1 year   70    70 
Identified finite intangible assets      

2,175

    

2,175

 
Unallocated purchase consideration1      

5,714

     
Total Intangible asset      7,889    2,175
Less Accumulated Amortization      (269)   (146)
Total Intangible Assets, net     $7,620   $2,029 

 

(1)See Note 6, Acquisitions - Asset Purchase Agreement - Research Dx Inc., for a discussion of the “unallocated purchase consideration” recognized as an intangible asset as of March 31, 2022, as presented in the table above.

 

Amortization expense of the acquired intangible assets discussed above was $123 for the period ended March 31, 2022 (there was no such amortization expense for the prior period ended March 31, 2021), and is included in general and administrative expenses in the accompanying consolidated statements of operations. As of March 31, 2022, the estimated future amortization expense associated with the Company’s identified finite-lived intangible assets (except for the unallocated purchase consideration included in total intangible asset presented above) for each of the five succeeding fiscal years is as follows:

 

      
2022 (remainder of year)  $327 
2023   421 
2024   421 
2025   421 
2026   

316

 
Thereafter    
Total  $1,906