7. Intangible Assets, net

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The Company’s finite-lived intangible assets consist of intangible assets acquired by Journey. The table below provides a summary of the Journey intangible assets as of March 31, 2024 and December 31, 2023, respectively:

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For the three months ended March 31, 2024 and 2023, Journey’s amortization expense related to its product licenses was $0.8 million and $1.1 million, respectively. Journey records amortization expense related to its product licenses as a component of cost of goods sold on the unaudited condensed consolidated statement of operations.

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The future amortization of these intangible assets is as follows:

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