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Note 6 - Acquired Intangible Assets, Net
6 Months Ended
Jun. 30, 2023
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

6.

Intangible Assets

 

Intangible assets as of June 30, 2023 and December 31, 2022 consisted of the following:

 

                  

December 31,

     
      

Six Months Ended June 30, 2023

  

2022

     
      

Less:

                 
      

Accumulated

              

Weighted

 
      

Currency

  

Less:

          

Average

 
  

Gross

  

Translation

  

Accumulated

  

Net Book

  

Net Book

  

Useful

 
  

Value

  

Adjustment

  

Amortization

  

Value

  

Value

  

Life

 

Developed technology

 $89,580  $(1,608

)

 $(26,584

)

 $61,388  $64,286   15 

IPR&D

  2,656   (1,006

)

  -   1,650   1,650  

Indefinite

 

Customer relationships

  9,000      (3,077

)

  5,923   6,373   10 

Distributor relationships

  4,700   (415

)

  (4,285

)

  -   -   5 

Patents

  1,000   (189

)

  (704

)

  107   131   16 

Tradenames

  5,200      (3,561

)

  1,639   2,159   5 

Total

 $112,136  $(3,218

)

 $(38,211

)

 $70,707  $74,599   13 

 

The aggregate amortization expense related to intangible assets was $2.0 million and $1.9 million for the three-month periods ended June 30, 2023 and 2022, respectively, and $3.9 million for each of the six-month periods ended June 30, 2023 and 2022, respectively.