INTANGIBLE ASSETS AND INTERNAL-USE SOFTWARE, NET (Tables)
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9 Months Ended |
Sep. 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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September 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 |
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Net
Carrying
Amount |
| Amortizable intangible assets: |
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| Licenses |
$ |
31,121 |
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$ |
(16,336) |
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$ |
14,785 |
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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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(3,081) |
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11,922 |
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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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(2,400) |
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9,600 |
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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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(1,390) |
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1,350 |
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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 |
162,547 |
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(126,624) |
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35,923 |
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145,798 |
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(109,680) |
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36,118 |
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| Other |
139 |
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(2) |
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137 |
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— |
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— |
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— |
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223,550 |
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(149,833) |
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73,717 |
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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 |
$ |
224,550 |
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$ |
(149,833) |
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$ |
74,717 |
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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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September 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 |
$ |
31,121 |
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|
$ |
(16,336) |
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$ |
14,785 |
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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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(3,081) |
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11,922 |
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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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(2,400) |
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9,600 |
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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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(1,390) |
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1,350 |
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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 |
162,547 |
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(126,624) |
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35,923 |
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145,798 |
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(109,680) |
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36,118 |
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| Other |
139 |
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(2) |
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137 |
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— |
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— |
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— |
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223,550 |
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(149,833) |
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73,717 |
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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 |
$ |
224,550 |
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$ |
(149,833) |
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$ |
74,717 |
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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 September 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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$ |
10,691 |
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| 2024 |
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34,346 |
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| 2025 |
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15,468 |
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| 2026 |
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8,269 |
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| 2027 |
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4,129 |
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| Thereafter |
|
814 |
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| Total |
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$ |
73,717 |
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