Schedule of Carrying Amount of Goodwill |
The carrying amount of goodwill was $46,498 as of December 31, 2022 and $42,028 as of December 31, 2021.
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|
Goodwill |
|
Balance at December 31, 2021 |
|
$ |
42,028 |
|
March 2022 acquisition |
|
|
2,904 |
|
VocaliD acquisition |
|
|
1,170 |
|
VSL acquisition |
|
|
414 |
|
Foreign currency translation/other |
|
|
(18 |
) |
Balance at December 31, 2022 |
|
$ |
46,498 |
|
|
Summary of Finite-Lived Intangible Assets Resulting from Business Acquisitions and Other Purchases |
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized:
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|
December 31, 2022 |
|
|
December 31, 2021 |
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|
|
Weighted Average Remaining Useful Life (in years) |
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|
Gross Carrying Amount |
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|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
|
Gross Carrying Amount |
|
|
Accumulated Amortization |
|
|
Net Carrying Amount |
|
Software and technology |
|
|
0.0 |
|
|
$ |
3,582 |
|
|
$ |
(3,582 |
) |
|
$ |
— |
|
|
$ |
3,582 |
|
|
$ |
(3,515 |
) |
|
$ |
67 |
|
Licensed technology |
|
|
0.0 |
|
|
|
500 |
|
|
|
(500 |
) |
|
|
— |
|
|
|
500 |
|
|
|
(500 |
) |
|
|
— |
|
Developed technology |
|
|
2.1 |
|
|
|
33,800 |
|
|
|
(15,512 |
) |
|
|
18,288 |
|
|
|
29,600 |
|
|
|
(7,647 |
) |
|
|
21,953 |
|
Customer and supplier relationships |
|
|
4.8 |
|
|
|
81,800 |
|
|
|
(22,091 |
) |
|
|
59,709 |
|
|
|
79,300 |
|
|
|
(9,449 |
) |
|
|
69,851 |
|
Noncompete agreements |
|
|
0.0 |
|
|
|
800 |
|
|
|
(800 |
) |
|
|
— |
|
|
|
800 |
|
|
|
(683 |
) |
|
|
117 |
|
Trademarks and trade names |
|
|
3.9 |
|
|
|
2,300 |
|
|
|
(633 |
) |
|
|
1,667 |
|
|
|
2,100 |
|
|
|
(216 |
) |
|
|
1,884 |
|
Total |
|
|
3.8 |
|
|
$ |
122,782 |
|
|
$ |
(43,118 |
) |
|
$ |
79,664 |
|
|
$ |
115,882 |
|
|
$ |
(22,010 |
) |
|
$ |
93,872 |
|
|
Summary of Future Amortization of Finite-Lived Intangible Assets |
The following table presents future amortization of the Company’s finite-lived intangible assets as of December 31, 2022:
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|
|
|
|
2023 |
|
$ |
20,477 |
|
2024 |
|
|
17,957 |
|
2025 |
|
|
15,507 |
|
2026 |
|
|
10,574 |
|
2027 |
|
|
10,574 |
|
Thereafter |
|
|
4,575 |
|
Total |
|
$ |
79,664 |
|
|