INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

As of December 31, 2021 and 2020, the Company’s intangible assets consisted of the following:

	December 31,
	2021		2020
Capitalized software	$	5,638	$	914
Accumulated amortization	(2,067)		(76)
Capitalized software, net	3,571		838
In-process software development	4,102		1,200
Total intangible assets	$	7,673	$	2,038

Amortization expense related to intangible assets placed in service was $2.0 million, $0.1 million, and $0 for the years ended December 31, 2021, 2020 and 2019, respectively. Estimated amortization expense for each of the years ending December 31 is as follows:

2022	$	1,501
2023	1,453
2024	617
Total amortization expense	$	3,571