Goodwill

6 Months Ended

Jun. 30, 2022

Goodwill

Goodwill

Note 5 – Goodwill

Goodwill activity for the six months ended June 30, 2022 consisted of the following.

		Digital Agreements		Security Solutions		Total
in thousands
Net balance at December 31, 2021	$	—	$	—	$	96,174
Goodwill reallocation (1)		20,966		75,208		—
Net foreign currency translation		(1,254)		(4,499)		(5,753)
Net balance at June 30, 2022	$	19,712	$	70,709	$	90,421

Goodwill reallocation: As a result of the transformation plan and new reportable operating segments (see Note 1 – Description of the Company), we reallocated the goodwill balances of each reporting unit and respective reportable operating segments. Additionally, we performed a goodwill impairment test on the goodwill balances of each of the reporting units of our reportable operating segments as of May 17, 2022 by comparing the fair value of each reporting unit to its carrying value, including the reallocated goodwill. We concluded that there was no indication of goodwill impairment for any of the reporting units as of May 17, 2022.

No impairment of goodwill was recorded during the six months ended June 30, 2022 or June 30, 2021.