Intangible Assets, net (Tables)
|
12 Months Ended |
Dec. 31, 2021 |
|---|
| Goodwill and Intangible Assets Disclosure [Abstract] |
|
| Schedule of Finite-Lived Intangible Assets |
The intangible asset gross carrying amount and accumulated amortization were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
December 31, 2021 |
|
|
Gross |
|
|
|
|
Net |
|
Weighted average |
|
|
carrying |
|
Accumulated |
|
carrying |
|
useful life |
|
|
amount |
|
amortization |
|
amount |
|
in years |
Finite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
$ |
48,612 |
|
$ |
(3,592) |
|
$ |
45,020 |
|
19 |
Technology |
|
|
43,339 |
|
|
(5,894) |
|
|
37,445 |
|
14 |
Trademarks |
|
|
6,807 |
|
|
(1,572) |
|
|
5,235 |
|
7 |
Internal-use software licenses |
|
|
2,292 |
|
|
(385) |
|
|
1,907 |
|
3 |
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Cosmos Tradename |
|
|
300 |
|
|
— |
|
|
300 |
|
|
IPR&D |
|
|
935 |
|
|
— |
|
|
935 |
|
|
Total intangible assets |
|
$ |
102,285 |
|
$ |
(11,443) |
|
$ |
90,842 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
December 31, 2020 |
|
|
Gross |
|
|
|
|
Net |
|
Weighted average |
|
|
carrying |
|
Accumulated |
|
carrying |
|
useful life |
|
|
amount |
|
amortization |
|
amount |
|
in years |
Finite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
$ |
31,541 |
|
$ |
(899) |
|
$ |
30,642 |
|
19 |
Technology |
|
|
25,368 |
|
|
(1,508) |
|
|
23,860 |
|
12 |
Trademarks |
|
|
6,344 |
|
|
(393) |
|
|
5,951 |
|
9 |
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Cosmos Tradename |
|
|
300 |
|
|
— |
|
|
300 |
|
|
IPR&D |
|
|
208 |
|
|
— |
|
|
208 |
|
|
Total intangible assets |
|
$ |
63,761 |
|
$ |
(2,800) |
|
$ |
60,961 |
|
|
|
| Schedule of Indefinite-Lived Intangible Assets |
The intangible asset gross carrying amount and accumulated amortization were as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
December 31, 2021 |
|
|
Gross |
|
|
|
|
Net |
|
Weighted average |
|
|
carrying |
|
Accumulated |
|
carrying |
|
useful life |
|
|
amount |
|
amortization |
|
amount |
|
in years |
Finite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
$ |
48,612 |
|
$ |
(3,592) |
|
$ |
45,020 |
|
19 |
Technology |
|
|
43,339 |
|
|
(5,894) |
|
|
37,445 |
|
14 |
Trademarks |
|
|
6,807 |
|
|
(1,572) |
|
|
5,235 |
|
7 |
Internal-use software licenses |
|
|
2,292 |
|
|
(385) |
|
|
1,907 |
|
3 |
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Cosmos Tradename |
|
|
300 |
|
|
— |
|
|
300 |
|
|
IPR&D |
|
|
935 |
|
|
— |
|
|
935 |
|
|
Total intangible assets |
|
$ |
102,285 |
|
$ |
(11,443) |
|
$ |
90,842 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
December 31, 2020 |
|
|
Gross |
|
|
|
|
Net |
|
Weighted average |
|
|
carrying |
|
Accumulated |
|
carrying |
|
useful life |
|
|
amount |
|
amortization |
|
amount |
|
in years |
Finite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Customer relationships |
|
$ |
31,541 |
|
$ |
(899) |
|
$ |
30,642 |
|
19 |
Technology |
|
|
25,368 |
|
|
(1,508) |
|
|
23,860 |
|
12 |
Trademarks |
|
|
6,344 |
|
|
(393) |
|
|
5,951 |
|
9 |
Indefinite-lived intangible assets: |
|
|
|
|
|
|
|
|
|
|
|
Cosmos Tradename |
|
|
300 |
|
|
— |
|
|
300 |
|
|
IPR&D |
|
|
208 |
|
|
— |
|
|
208 |
|
|
Total intangible assets |
|
$ |
63,761 |
|
$ |
(2,800) |
|
$ |
60,961 |
|
|
|
| Schedule of Amortization Expense |
The table below presents the amortization expense related to intangible assets for the following periods:
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
|
|
|
|
Period from |
|
|
Period from |
|
|
Year Ended |
|
February 10, 2020 to |
|
|
January 1, 2020 to |
|
|
December 31, 2021 |
|
December 31, 2020 |
|
|
June 21, 2020 |
Amortization expense |
|
$ |
8,640 |
|
$ |
2,800 |
|
|
$ |
— |
|
| Schedule of Finite-Lived Intangible Assets, Future Amortization Expense |
The table below presents the future amortization expense on intangible assets as of December 31, 2021:
|
|
|
|
Year |
|
Total |
2022 |
|
$ |
9,443 |
2023 |
|
|
9,304 |
2024 |
|
|
8,664 |
2025 |
|
|
7,768 |
2026 |
|
|
7,221 |
Thereafter |
|
|
47,207 |
Total future amortization expense on intangible assets |
|
$ |
89,607 |
|