INTANGIBLE ASSETS, NET (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]


Table 8.1: Details of Intangible Assets, Net
		September 30, 2023						December 31, 2022
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value

	(in years)	(in thousands)
Acquired technology	8	$	3,630	$	(983)	$	2,647	$	3,630	$	(643)	$	2,987
Customer relationship	3	40		(29)		11		40		(19)		21
Software development costs (1)	2 - 5	46,729		(10,403)		36,326		35,080		(7,793)		27,287
Subtotal		50,399		(11,415)		38,984		38,750		(8,455)		30,295
Software held for resale (2)		—		—		—		7,120		—		7,120
Total		$	50,399	$	(11,415)	$	38,984	$	45,870	$	(8,455)	$	37,415

(1) An impairment charge of $0.3 million was recorded against software development costs in the third quarter of 2023 related to the write-off of a certain software project.

(2) This amount is net of $0.6 million charged into cost for sales for the period ended December 31, 2022. See Note 10 – Debt and Other Obligations for related details.

Schedule of Indefinite-Lived Intangible Assets


Table 8.1: Details of Intangible Assets, Net
		September 30, 2023						December 31, 2022
	Estimated Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value

	(in years)	(in thousands)
Acquired technology	8	$	3,630	$	(983)	$	2,647	$	3,630	$	(643)	$	2,987
Customer relationship	3	40		(29)		11		40		(19)		21
Software development costs (1)	2 - 5	46,729		(10,403)		36,326		35,080		(7,793)		27,287
Subtotal		50,399		(11,415)		38,984		38,750		(8,455)		30,295
Software held for resale (2)		—		—		—		7,120		—		7,120
Total		$	50,399	$	(11,415)	$	38,984	$	45,870	$	(8,455)	$	37,415

(1) An impairment charge of $0.3 million was recorded against software development costs in the third quarter of 2023 related to the write-off of a certain software project.

(2) This amount is net of $0.6 million charged into cost for sales for the period ended December 31, 2022. See Note 10 – Debt and Other Obligations for related details.

Schedule of Amortization Expense


Table 8.2: Amortization Expense
	For the Three Months Ended				For the Nine Months Ended
	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022

	(in thousands)
Amortization expense related to:
Software development costs - cost of sales (1)	$	1,767	$	—	$	1,767	$	—
Software development costs - research and development	(19)		354		843		1,034
Other intangible assets - general and administrative	117		117		350		284
Total	$	1,865	$	471	$	2,960	$	1,318

(1) Amortization expense for software development costs related to assets to be sold, leased, or otherwise marketed are charged under cost of sales on the unaudited consolidated statements of operations.