Intangible Assets, net (Tables)

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net

Intangible assets, net consisted of the following as of March 31, 2022:

(in thousands)	Gross Value		Accumulated Amortization		Net Value		Weighted average remaining amortization period (in years)
Patents/Intellectual Property	$	415	$	(102)	$	313	7.3
Capitalized cloud implementation costs	377		(34)		343		2.8
Total	$	793	$	(136)	$	656

Intangible assets, net consisted of the following as of December 31, 2021:

(in thousands)	Gross Value		Accumulated Amortization		Net Value		Weighted average remaining amortization period (in years)
Patents/Intellectual Property	$	404	$	(91)	$	313	7.5
Capitalized cloud implementation costs	43		(7)		36		2.6
Total	$	447	$	(98)	$	349

Schedule of Future Estimated Amortization Expense

As of March 31, 2022, the future estimated amortization expense related to intangible assets is as follows:

(in thousands)
Remainder of 2022	$	170
2023	170
2024	162
2025	58
2026	44
Thereafter	52
Total	656