Goodwill and Acquired Intangible Assets (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Acquired intangible assets include the following:


		March 31, 2024						December 31, 2023
(Dollars in thousands)	Weighted Average Useful Life (in years)(1)	Cost Basis		Accumulated Amortization		Net		Cost Basis		Accumulated Amortization		Net
Trade name and trademarks(2)	4.0	$	6,040	$	(1,007)	$	5,033	$	6,040	$	(629)	$	5,411
Customer relationships	4.6	8,920		(4,589)		4,331		8,920		(4,013)		4,907
Developed technology	3.5	2,590		(1,096)		1,494		2,590		(908)		1,682
Partner relationships	2.5	730		(195)		535		730		(122)		608
Total acquired intangible assets		$	18,280	$	(6,887)	$	11,393	$	18,280	$	(5,672)	$	12,608

(1) The weighted average useful life of acquired intangible assets related to the Nitro acquisition is 4.3 years and the weighted average useful life of the acquired intangible assets related to the Scholly acquisition is 3.9 years.

(2) In 2023, we fully impaired the Nitro trade name and trademarks asset for $56 million.