Quarterly report pursuant to Section 13 or 15(d)

INTANGIBLE ASSETS

v3.22.2.2
INTANGIBLE ASSETS
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS

4. INTANGIBLE ASSETS

 

Intangible assets, net consisted of the following:

 

   

June 30,

2022

   

December 31,

2021

 
             
Amortizable finite-lived intangible assets   $ 7,399     $ 7,317  
Accumulated amortization     (4,523 )     (3,806 )
Finite-lived intangible assets, net     2,876       3,511  
                 
Indefinite-lived intangible assets     442       442  
                 
Intangible assets, net   $ 3,318     $ 3,953  

 

Amortizable finite-lived intangible assets are being amortized over a period of three to five years. There were no impairment charges incurred in the periods presented. During the three and six months ended June 30, 2022 and 2021, the Company recorded amortization expense of $351 and $355, respectively, and $717 and $725, respectively.

 

The expected future amortization expense for amortizable finite-lived intangible assets as of June 30, 2022, is as follows:

 

         
Year ending   Amortization  
2022 remaining   $ 717  
2023     1,386  
2024     573  
2025     200  
Total amortization   $ 2,876