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Goodwill and Intangible Assets, Net
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets, Net
Note 7 – Goodwill and Intangible Assets, Net
The Company’s goodwill originated from the acquisition of MA, LLC in April 2018. The carrying amount of goodwill was $2,458 thousand as of March 31, 2023 and December 31, 2022, respectively. There were no impairment charges recorded for goodwill for the three months ended March 31, 2023 and 2022.
Intangible assets consisted of the following:
 
           
As of March 31, 2023
 
    
Estimated
Life
(Years)
    
Gross
Carrying
amount
    
Accumulated
Amortization
    
Net
Carrying
Amount
 
Licenses
     10      $ 67,623      $ (48,867    $ 18,756  
Internal-use
software
     3        296,675        (133,648      163,027  
             
 
 
    
 
 
    
 
 
 
Total intangible assets
            $ 364,298      $ (182,515    $ 181,783  
             
 
 
    
 
 
    
 
 
 
 
           
As of December 31, 2022
 
    
Estimated
Life
(Years)
    
Gross
Carrying
amount
    
Accumulated
Amortization
    
Net
Carrying
Amount
 
Licenses
     10      $ 67,623      $ (47,177    $ 20,446  
Internal-use
software
     3        296,675        (108,925      187,750  
             
 
 
    
 
 
    
 
 
 
Total intangible assets
            $ 364,298      $ (156,102    $ 208,196  
             
 
 
    
 
 
    
 
 
 
Amortization expense for intangible assets and other noncurrent assets was $26 thousand and $8 thousand for the three months ended March 31, 2023 and 2022, respectively. Amortization expense is included in Selling, general and administrative expense on the Unaudited Condensed Consolidated Statements of Operations.