Intangible Assets, net

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets, net

Intangible Assets, net

See below for Intangible assets, net as of December 31, 2023 and 2022:

	Weighted Average Useful Life in Years	As of December 31,
		2023		2022
Patents	20	$	3,312	$	2,643
Acquired intangibles - technology	3	5,130		4,300
Acquired intangibles - customer relationships	10.8	18,370		17,900
Acquired intangibles - brand names	5	500		500
Other indefinite lived intangible assets		310		310
Total intangible assets, cost		27,622		25,653
Less: accumulated amortization		(6,797)		(3,361)
Intangible assets, net		$	20,825	$	22,292

Amortization expense of intangible assets was $3,434, $3,268 and $54 for the years ended December 31, 2023, 2022 and 2021 respectively.

The Company did not recognize any impairment charges on intangible assets, net or goodwill for the periods presented.