v3.24.3
Intangible Assets
9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
The following table summarizes the carrying amount of intangible assets, net of accumulated amortization.
September 30, 2024
(in thousands)Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents$2,073 $(1,354)$719 
Acquired intellectual property and reacquired rights15,126 (11,336)3,790 
Internal-use software implementation costs2,873 (2,873)— 
$20,072 $(15,563)$4,509 
December 31, 2023
(in thousands)Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Amount
Patents$1,847 $(1,297)$550 
Acquired intellectual property and reacquired rights15,126 (10,737)4,389 
Internal-use software implementation costs2,873 (2,835)38 
$19,846 $(14,869)$4,977 
Amortization expense for the three months ended September 30, 2024, and 2023, was approximately $0.2 million and $0.5 million, respectively. Amortization for the nine months ended September 30, 2024, and 2023, was approximately $0.7 million and $1.4 million, respectively.