Annual report pursuant to Section 13 and 15(d)

GOODWILL AND INTANGIBLE ASSETS, NET (Tables)

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GOODWILL AND INTANGIBLE ASSETS, NET (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Finite-Lived Intangible Assets by Major Class
The following table summarizes the gross carrying amounts and accumulated amortization of intangible assets by major class (in thousands):
December 31, 2021
Intangible assets subject to amortization
(Definite-lived)
Gross Accumulated
Amortization
Net
Customer relationships $ 16,852  $ (8,145) $ 8,707 
Non-compete agreements 94  (94) — 
Licenses and permits 1,471  (808) 663 
Developed technology 6,131  (4,445) 1,686 
Total $ 24,548  $ (13,492) $ 11,056 
December 31, 2020
Intangible assets subject to amortization
(Definite-lived)
Gross Accumulated
Amortization
Net
Customer relationships $ 16,852  $ (7,022) $ 9,830 
Non-compete agreements 94  (94) — 
Licenses and permits 1,471  (707) 764 
Developed technology 6,131  (3,832) 2,299 
Total $ 24,548  $ (11,655) $ 12,893 
Schedule of Expected Future Amortization Expenses
Based on identified intangible assets that are subject to amortization as of December 31, 2021, we expect future amortization expenses for each period to be as follows (in thousands):
Total 2022 2023 2024 2025 2026 Thereafter
Customer relationships $ 8,707  $ 1,123  $ 1,123  $ 1,123  $ 1,123  $ 1,123  $ 3,092 
Licenses and permits 663  86  86  86  86  86  233 
Developed technology 1,686  613  613  460  —  —  — 
Total future amortization expense $ 11,056  $ 1,822  $ 1,822  $ 1,669  $ 1,209  $ 1,209  $ 3,325