Annual report pursuant to Section 13 and 15(d)

INTANGIBLE ASSETS AND GOODWILL (Tables)

v3.22.4
INTANGIBLE ASSETS AND GOODWILL (Tables)
 12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of acquired intangible assets
The Company's acquired intangible assets at December 31, 2022 consisted of the following (in thousands):

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, 2022 was as follows (in thousands):

Year ending December 31,
2023 $ 2,228 
2024 2,214 
2025 1,755 
2026 1,527 
2027 1,527 
Thereafter 4,950 
Total $ 14,201 
Schedule of changes in goodwill
The changes in the carrying value of the Company’s goodwill in the years ended December 31, 2022 and 2021 were as follows (in thousands):
Year ended December 31,
2022 2021
Balance at January 1, $ 2,068  $ 2,068 
Kind Acquisition 6,011  — 
Balance at December 31, $ 8,079  $ 2,068