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Intangible Assets and Cloud Computing Arrangements
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND CLOUD COMPUTING ARRANGEMENTS

Note 4 INTANGIBLE ASSETS AND CLOUD COMPUTING ARRANGEMENTS

 

The components of intangible assets and cloud computing arrangements as of March 31, 2023 and December 31, 2022 were as follows:

 

   March 31,
2023
   December 31,
2022
 
Epigenetics pipeline  $592   $592 
Underwriting API   840    840 
Longevity API   717    717 
Less: accumulated amortization   (286)   (106)
Intangible assets  $1,863   $2,043 

 

   March 31,
2023
   December 31,
2022
 
Digital insurance platform  $2,966   $2,966 
Less: accumulated amortization   (1,483)   (741)
Cloud computing arrangements  $1,483   $2,225 

 

Amortization of the Company’s intangible assets and cloud computing arrangements is recorded on a straight-line basis within selling, general and administrative expenses. The Company recognized amortization expense of $922 for the three months ended March 31, 2023.