XML 22 R11.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Intangible Assets, Net
 3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible assets as of March 31, 2024 and December 31, 2023 consisted of the following (in thousands):
March 31, 2024December 31, 2023Estimated Useful Life
(in years)
Trade names$5,550 $5,550 15
Proprietary intellectual property11,064 11,064 5
Customer relationships1,180 1,180 1
CLIA license1,307 1,307 3
19,101 19,101 
Less: accumulated amortization(7,414)(6,768)
Total intangible assets, net$11,687 $12,333 
Amortization expense for acquired intangible assets was $646,000 and $754,000 during the three months ended March 31, 2024 and 2023, respectively. The estimated future amortization expense of acquired intangible assets as of March 31, 2024 is as follows (in thousands):
Remaining periods in the year ended December 31, 2024$1,937 
Year ended December 31, 20252,583 
Year ended December 31, 20262,251 
Year ended December 31, 20271,731 
Year ended December 31, 2028370 
Thereafter2,815 
$11,687