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Goodwill and Intangibles, net
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangibles, net Goodwill and Intangibles, net
The following table presents the goodwill activities for the periods presented:
Balance as of December 31, 2020$— 
HuffPost Acquisition5,490 
C Acquisition189,391 
Balance as of December 31, 2021$194,881 
C Acquisition Measurement Period Adjustments(909)
Goodwill Impairment (see Note 3)(102,340)
Balance as of December 31, 2022$91,632 
The following table presents the detail of intangible assets for the periods presented and the weighted average remaining useful lives:
December 31, 2022December 31, 2021
Weighted-
Average
Remaining
Useful Lives (in
years)
Gross
Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Gross Carrying
Value
Accumulated
Amortization
Net Carrying Value
Acquired Technology2 years$10,600 $5,279 $5,321 $10,600 $1,745 $8,855 
Trademarks and Trade Names14 years111,000 8,756 102,244 111,000 1,356 109,644 
Trademarks and Trade NamesIndefinite1,368 — 1,368 1,368 — 1,368 
Customer Relationships3 years17,000 4,604 12,396 17,000 354 16,646 
Total$139,968 $18,639 $121,329 $139,968 $3,455 $136,513 
Amortization expense associated with intangible assets for the year ended December 31, 2022 and 2021 was $15.2 million and $3.5 million, respectively, included in Depreciation and amortization expense.
Estimated future amortization expense as of December 31, 2022 is as follows (in thousands):
2023$15,183 
202413,438 
202511,296 
20267,400 
20277,400 
Thereafter65,244 
$119,961