4. INTANGIBLE ASSETS

Intangible assets, net consisted of the following:

SCHEDULE OF INTANGIBLE ASSETS 

Amortizable finite-lived intangible assets are being amortized over a period of 3 to 5 years. There were no impairment charges incurred in the periods presented. During the three months ended March 31, 2022 and 2021, the Company recorded amortization expense of $366 and $370, respectively.

The expected future amortization expense for amortizable finite-lived intangible assets as of March 31, 2022 is as follows:

SCHEDULE OF ESTIMATED AMORTIZATION EXPENSE