Note 8. Goodwill and Intangible Assets

The Company recognized amortization expense of $97 thousand and $49 thousand to cost of revenue and operating expense, respectively, during the year ended December 31, 2022. Revenue is the basis for the economic pattern used to determine the

amortization schedule of developed technology and customer relationships. Trade name intangible amortization is based on the term in which the Company anticipates using the asset. The estimated future amortization expense for amortizable assets to be recognized is as follows as of December 31, 2022 (in thousands):