Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.3
GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
The following table provides the gross carrying value of goodwill as follows:

The following table provides the gross carrying value of goodwill as follows:

 

    Amounts  
    (in thousands)
Balance at December 31, 2022   $ —  
Acquired during the period (see Note 8)     965  
Balance at September 30, 2023   $ 965  
The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:

The following table provides the gross carrying amount and accumulated amortization for each major class of intangible asset:

 

    September 30,
2023 		    December 31,
2022 		 
    (in thousands)  
Intangible assets subject to amortization                
      Developed technology   $ 10,100     $ —  
      Less: Accumulated amortization     238       —  
Total   $ 9,862     $ —  

 

Intangible assets not subject to amortization                
      Internet domain rights   $ 120     $ 120  
Total intangible assets, net   $ 9,982     $ 120  
At September 30, 2023, the related amortization for each of the next five years ended December 31 is as follows (in thousands):

At September 30, 2023, the related amortization for each of the next five years ended December 31 is as follows (in thousands):

 

Year Ending December 31,        
Remainder of 2023     $  238  
2024       953  
2025       953  
2026       953  
2027 and beyond       6,765  
      $ 9,862