INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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6 Months Ended |
Jun. 30, 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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June 30, 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 |
|
Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
27,905 |
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$ |
(13,109) |
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$ |
14,796 |
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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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(2,331) |
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12,672 |
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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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(1,800) |
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10,200 |
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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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(1,353) |
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1,387 |
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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 |
158,155 |
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(120,953) |
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37,202 |
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145,798 |
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(109,680) |
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36,118 |
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| Other |
99 |
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— |
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99 |
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— |
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— |
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— |
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215,902 |
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(139,546) |
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76,356 |
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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 |
$ |
216,902 |
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$ |
(139,546) |
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$ |
77,356 |
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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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June 30, 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 |
$ |
27,905 |
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$ |
(13,109) |
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$ |
14,796 |
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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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(2,331) |
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12,672 |
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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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(1,800) |
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10,200 |
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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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(1,353) |
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1,387 |
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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 |
158,155 |
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(120,953) |
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37,202 |
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145,798 |
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(109,680) |
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36,118 |
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| Other |
99 |
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— |
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99 |
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— |
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— |
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— |
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215,902 |
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(139,546) |
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76,356 |
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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 |
$ |
216,902 |
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$ |
(139,546) |
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$ |
77,356 |
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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 June 30, 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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$ |
19,842 |
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| 2024 |
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30,652 |
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| 2025 |
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14,002 |
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| 2026 |
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6,950 |
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| 2027 |
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4,127 |
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| Thereafter |
|
783 |
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| Total |
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$ |
76,356 |
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