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Goodwill and Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Company's Identifiable Intangible Assets A summary of the Company’s identifiable intangible assets as of March 31, 2023 and December 31, 2022 is as follows (in thousands, except for years):

 

 

 

 

 

 

March 31, 2023

 

 

December 31, 2022

 

March 31, 2023

 

Weighted
Average
Amortization
Period
(Years)

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Intangibles,
Net

 

 

Gross
Carrying
Amount

 

 

Accumulated
Amortization

 

 

Intangibles,
Net

 

Customer relationships

 

 

2

 

 

$

1,585

 

 

$

1,487

 

 

$

98

 

 

$

1,585

 

 

$

1,479

 

 

$

106

 

Acquired technology

 

 

19

 

 

 

3,410

 

 

 

1,632

 

 

 

1,778

 

 

 

3,410

 

 

 

1,588

 

 

 

1,822

 

Acquired in-process research and development

 

 

 

 

 

82,340

 

 

 

 

 

 

82,340

 

 

 

94,240

 

 

 

 

 

 

94,240

 

Technology placed in service

 

 

15

 

 

 

21,940

 

 

 

6,582

 

 

 

15,358

 

 

 

21,940

 

 

 

6,216

 

 

 

15,724

 

Patent rights

 

 

15

 

 

 

32,720

 

 

 

14,008

 

 

 

18,712

 

 

 

32,720

 

 

 

13,463

 

 

 

19,257

 

Assembled workforce

 

 

5

 

 

 

605

 

 

 

494

 

 

 

111

 

 

 

605

 

 

 

465

 

 

 

140

 

Internally developed software

 

 

2

 

 

 

520

 

 

 

477

 

 

 

43

 

 

 

520

 

 

 

434

 

 

 

86

 

Acquired licenses

 

 

15

 

 

 

5,711

 

 

 

276

 

 

 

5,435

 

 

 

5,711

 

 

 

184

 

 

 

5,527

 

Total intangible assets

 

 

 

 

$

148,831

 

 

$

24,956

 

 

$

123,875

 

 

$

160,731

 

 

$

23,829

 

 

$

136,902

 

 

Schedule of Estimated Future Amortization Expense Related to Intangible Assets Estimated future amortization expense related to intangible assets, excluding indefinite-lived intangible assets, at March 31, 2023 is as follows (in thousands):

 

Years Ending December 31,

 

Amount

 

2023 (Remaining nine months)

 

$

3,288

 

2024

 

 

4,239

 

2025

 

 

4,214

 

2026

 

 

4,214

 

2027

 

 

4,187

 

Thereafter

 

 

21,393

 

Total expected future amortization

 

$

41,535