| Schedule of Components of Intangible Assets, Net |
Intangible assets, net consisted of the following (amounts in thousands):
|
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September 30, 2023 |
|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
| Trade names |
$ |
7,956 |
|
|
$ |
(1,859) |
|
|
$ |
6,097 |
|
| Software development |
13,686 |
|
|
(4,864) |
|
|
8,822 |
|
| Customer relationships |
8,180 |
|
|
(2,921) |
|
|
5,259 |
|
| Agent relationships |
5,856 |
|
|
(1,616) |
|
|
4,240 |
|
| Know-how |
430 |
|
|
(211) |
|
|
219 |
|
|
$ |
36,108 |
|
|
$ |
(11,471) |
|
|
$ |
24,637 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2022 |
|
Gross Carrying
Amount |
|
Accumulated
Amortization |
|
Net Carrying
Value |
| Trade names |
$ |
7,956 |
|
|
$ |
(1,262) |
|
|
$ |
6,694 |
|
| Software development |
12,348 |
|
|
(3,029) |
|
|
9,319 |
|
| Customer relationships |
8,180 |
|
|
(2,085) |
|
|
6,095 |
|
| Agent relationships |
5,856 |
|
|
(988) |
|
|
4,868 |
|
| Know-how |
430 |
|
|
(147) |
|
|
283 |
|
|
$ |
34,770 |
|
|
$ |
(7,511) |
|
|
$ |
27,259 |
|
|
| Schedule of Estimated Future Amortization of Intangible Assets |
Estimated future amortization of intangible assets as of September 30, 2023 was as follows (amounts in thousands):
|
|
|
|
|
|
|
|
|
| Years Ending December 31, |
|
|
| 2023 (remaining) |
|
$ |
1,361 |
|
| 2024 |
|
5,329 |
|
| 2025 |
|
5,077 |
|
| 2026 |
|
4,441 |
|
| 2027 |
|
3,441 |
|
| Thereafter |
|
4,988 |
|
| Total |
|
$ |
24,637 |
|
|