INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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3 Months Ended |
Mar. 31, 2023 |
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| Goodwill and Intangible Assets Disclosure [Abstract] |
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| Schedule of Finite-Lived Intangible Assets |
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
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March 31, 2023 |
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December 31, 2022 |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net
Carrying
Amount |
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Gross
Carrying
Amount |
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Accumulated
Amortization |
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Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
25,656 |
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$ |
(10,434) |
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$ |
15,222 |
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$ |
21,040 |
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$ |
(7,962) |
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$ |
13,078 |
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| Acquired technology |
15,003 |
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(1,580) |
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13,423 |
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15,003 |
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(830) |
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14,173 |
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| Customer relationships |
12,000 |
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(1,200) |
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10,800 |
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12,000 |
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(600) |
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11,400 |
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| Trade names |
2,740 |
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(1,315) |
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1,425 |
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2,740 |
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(1,278) |
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1,462 |
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| Internal-use software |
152,291 |
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(115,343) |
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36,948 |
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145,798 |
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(109,680) |
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36,118 |
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207,690 |
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(129,872) |
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77,818 |
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196,581 |
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(120,350) |
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76,231 |
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| Nonamortizable intangible assets: |
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| Marketing Agreement with a related party |
1,000 |
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— |
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1,000 |
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1,000 |
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— |
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1,000 |
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| Total intangible assets |
$ |
208,690 |
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$ |
(129,872) |
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$ |
78,818 |
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$ |
197,581 |
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$ |
(120,350) |
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$ |
77,231 |
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| Schedule of Indefinite-Lived Intangible Assets |
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
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March 31, 2023 |
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December 31, 2022 |
|
Gross
Carrying
Amount |
|
Accumulated
Amortization |
|
Net
Carrying
Amount |
|
Gross
Carrying
Amount |
|
Accumulated
Amortization |
|
Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
25,656 |
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|
$ |
(10,434) |
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$ |
15,222 |
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$ |
21,040 |
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$ |
(7,962) |
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$ |
13,078 |
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| Acquired technology |
15,003 |
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(1,580) |
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13,423 |
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15,003 |
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(830) |
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14,173 |
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| Customer relationships |
12,000 |
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(1,200) |
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10,800 |
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12,000 |
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(600) |
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11,400 |
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| Trade names |
2,740 |
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(1,315) |
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1,425 |
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2,740 |
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(1,278) |
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1,462 |
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| Internal-use software |
152,291 |
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(115,343) |
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36,948 |
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145,798 |
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(109,680) |
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36,118 |
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207,690 |
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(129,872) |
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77,818 |
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196,581 |
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(120,350) |
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76,231 |
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| Nonamortizable intangible assets: |
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| Marketing Agreement with a related party |
1,000 |
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— |
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1,000 |
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1,000 |
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— |
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1,000 |
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| Total intangible assets |
$ |
208,690 |
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$ |
(129,872) |
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$ |
78,818 |
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$ |
197,581 |
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$ |
(120,350) |
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$ |
77,231 |
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| Schedule of Estimated Annual Amortization Expense |
As of March 31, 2023, the estimated annual amortization expense is as follows:
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| Year Ending December 31, |
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Projected Amortization
Expense |
Remaining 2023 |
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$ |
27,263 |
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| 2024 |
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27,514 |
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| 2025 |
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12,041 |
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| 2026 |
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6,167 |
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| 2027 |
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4,120 |
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| Thereafter |
|
713 |
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| Total |
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$ |
77,818 |
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