Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

v3.22.4
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible assets

Intangible assets consisted of the following:

 

 

 

 

 

December 31,

 

 

December 31,

 

 

 

Useful Life

 

2022

 

 

2021

 

Proprietary technology and capitalized internal-use software

 

3 - 7 years

 

$

41,495

 

 

$

11,623

 

Work in process

 

 

 

 

1,812

 

 

 

1,481

 

Customer relationships

 

10 - 15 years

 

 

160,500

 

 

 

5,960

 

Trade names

 

1 - 15 years

 

 

16,620

 

 

 

11,820

 

Less: accumulated amortization

 

 

 

 

(26,180

)

 

 

(5,760

)

Intangible assets, net

 

 

 

$

194,247

 

 

$

25,124

 

Schedule of amortization expense of intangible assets

The following table summarizes estimated future amortization expense of intangible assets placed in service at December 31, 2022 for the years ending:

 

2023

 

 

 

 

 

$

23,012

 

2024

 

 

 

 

 

 

22,640

 

2025

 

 

 

 

 

 

22,640

 

2026

 

 

 

 

 

 

22,640

 

2027

 

 

 

 

 

 

22,068

 

Thereafter

 

 

 

 

 

 

79,435

 

 

 

 

 

 

 

$

192,435