Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets

v3.22.1
Intangible Assets
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes the carrying amount of intangible assets, net of accumulated amortization.
March 31, 2022
(in thousands) Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents $ 1,471  $ (1,200) $ 271 
Acquired intellectual property and reacquired rights 15,126  (9,063) 6,063 
Internal-use software implementation costs 2,873  (1,325) 1,548 
$ 19,470  $ (11,588) $ 7,882 
December 31, 2021
(in thousands) Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents $ 1,471  $ (1,176) $ 295 
Acquired intellectual property and reacquired rights 15,126  (8,804) 6,322 
Internal-use software implementation costs 2,873  (1,086) 1,787 
$ 19,470  $ (11,066) $ 8,404 
Amortization expense for the three months ended March 31, 2022 and 2021 was $0.5 million for both periods.