Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-lived Intangible Assets

The following table presents details of the Company’s acquired intangible assets as of December 31, 2022 and 2021 (in thousands, except weighted-average amortization period):


As of December 31, 2022	Weighted-Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:
Developed technology	8.8 years	$	83,289	$	(10,113)	$	73,176
Customer relationships	15.0 years	6,383		(2,340)		4,043
Trade secrets and processes	20.0 years	5,256		(1,314)		3,942
Other	5.0 years	1,646		(1,646)		—
Total intangible assets	9.6 years	$	96,574	$	(15,413)	$	81,161


As of December 31, 2021	Weighted-Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:
Developed technology	8.8 years	$	62,466	$	(1,784)	$	60,682
Customer relationships	15.0 years	6,762		(2,029)		4,733
Trade secrets and processes	20.0 years	5,256		(1,051)		4,205
Other	5.0 years	1,744		(1,569)		175
Total intangible assets subject to amortization	9.8 years	$	76,228	$	(6,433)	$	69,795
Indefinite-lived intangible assets:
In-process research and development		$	20,823	$	—	$	20,823
Total intangible assets		$	97,051	$	(6,433)	$	90,618

Schedule of Indefinite-lived Intangible Assets

The following table presents details of the Company’s acquired intangible assets as of December 31, 2022 and 2021 (in thousands, except weighted-average amortization period):


As of December 31, 2022	Weighted-Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:
Developed technology	8.8 years	$	83,289	$	(10,113)	$	73,176
Customer relationships	15.0 years	6,383		(2,340)		4,043
Trade secrets and processes	20.0 years	5,256		(1,314)		3,942
Other	5.0 years	1,646		(1,646)		—
Total intangible assets	9.6 years	$	96,574	$	(15,413)	$	81,161


As of December 31, 2021	Weighted-Average Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net
Finite-lived intangible assets:
Developed technology	8.8 years	$	62,466	$	(1,784)	$	60,682
Customer relationships	15.0 years	6,762		(2,029)		4,733
Trade secrets and processes	20.0 years	5,256		(1,051)		4,205
Other	5.0 years	1,744		(1,569)		175
Total intangible assets subject to amortization	9.8 years	$	76,228	$	(6,433)	$	69,795
Indefinite-lived intangible assets:
In-process research and development		$	20,823	$	—	$	20,823
Total intangible assets		$	97,051	$	(6,433)	$	90,618

Finite-lived Intangible Assets Amortization Expense

The following table presents the amortization recorded related to the Company’s finite-lived intangible assets for the years ended December 31, 2022, 2021 and 2020 (in thousands):


	Year Ended December 31,
		2022		2021		2020
Cost of revenue		$	263	$	263	$	263

Sales, general and administrative		8,917		2,618		804
Total		$	9,180	$	2,881	$	1,067

Schedule of Future Amortization Expense

As of December 31, 2022, expected amortization expense for the unamortized acquired intangible assets for the next five years and thereafter is as follows (in thousands):


	Amortization Expense
2023	$	10,207
2024	10,207
2025	10,207
2026	10,207
2027	10,207
Thereafter	30,126
Total amortization	$	81,161