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Intangible Assets
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Our intangible assets consist of the following:
 December 31,
 20212020
Definite-lived intangible assets(in thousands)
Intellectual property$6,479 $700 
Customer relationships48,684 — 
Less:  Accumulated amortization(208)(662)
               Total, net54,955 38 
Indefinite-lived intangible assets
Trademarks15,166 — 
Total intangible assets, net$70,121 $38 

Amortization expense recorded in cost of sales is as follows:
 Years Ended December 31,
 202120202019
(in thousands)
Amortization expense$246 $234 $234 

Excluding the impact of any future acquisitions, the Company anticipates amortization expense to be $3.7 million for each of the years ended 2022 through 2026.