Annual report pursuant to Section 13 and 15(d)

Goodwill and Intangible Assets, Net (Tables)

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

 

 

 

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:

 

 

 

 

 

 

December 31,
2022

 

 

December 31,
2021

 

 

 

Weighted
Average
Remaining
Useful
Life (in years)

 

 

Gross
Carrying
Amount

 

 

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:

 

 2023

 

$

20,477

 

 2024

 

 

17,957

 

 2025

 

 

15,507

 

 2026

 

 

10,574

 

 2027

 

 

10,574

 

Thereafter

 

 

4,575

 

Total

 

$

79,664