Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

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INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of acquired intangible assets
The Company's acquired intangible assets at December 31, 2023 and 2022 consisted of the following (in thousands):

December 31, 2023 Weighted
average
amortization
period (years)		 Cost Accumulated
amortization		 Net
carrying
value
Trade name and trademarks 7.11 $ 3,104  $ 1,335  $ 1,769 
Licenses and customer base 9.15 18,033  2,797  15,236 
Non-compete agreements 2.00 42  35  7 
8.84 $ 21,179  $ 4,167  $ 17,012 


December 31, 2022 Weighted
average
amortization
period (years)		 Cost Accumulated
amortization		 Net
carrying
value
Trade name and trademarks 3.00 $ 2,041  $ 453  $ 1,588 
Licenses and customer base 8.94 13,260  675  12,585 
Non-compete agreements 2.00 42  14  28 
8.13 $ 15,343  $ 1,142  $ 14,201 
Schedule of intangible assets, future amortization expense
Estimated future amortization expense for the Company’s intangible assets at December 31, 2023 was as follows (in thousands):

Year ending December 31,
2024 $ 3,254 
2025 2,772 
2026 2,344 
2027 2,191 
2028 2,191 
Thereafter 4,260 
Total $ 17,012 
Schedule of changes in goodwill
The changes in the carrying value of the Company’s goodwill in the years ended December 31, 2023 and 2022 were as follows (in thousands):
Year ended December 31,
2023 2022
Balance at January 1, $ 8,079  $ 2,068 
Ermont Acquisition 3,914  — 
Kind Acquisition —  6,011 
Balance at December 31, $ 11,993  $ 8,079