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Goodwill and Other Intangible Assets
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets

6. Goodwill and Other Intangible Assets

The following table sets forth changes in goodwill:

(in thousands)

 

 

 

Balance at December 31, 2021

 

$

28,870

 

Measurement period adjustment

 

 

3,073

 

Balance at December 31, 2022

 

$

31,943

 

The following table represents our other intangible assets by major asset class as of the dates indicated, which are included in Investments and Other Assets on the accompanying consolidated balance sheets as of December 31:

(in thousands)

 

2022

 

 

2021

 

Amortizable Intangible Assets

 

 

 

 

 

 

Customer relationships

 

$

2,000

 

 

$

2,000

 

Tradenames

 

 

270

 

 

 

270

 

Accumulated amortization

 

 

(579

)

 

 

(12

)

 

 

$

1,691

 

 

$

2,258

 

 

 

 

 

 

 

 

Unamortized Intangible Assets

 

 

 

 

 

 

Domain names

 

$

563

 

 

$

653

 

The customer related intangible assets are amortized on a straight-line basis over 12 months. Amortization expense was $568 thousand and $12 thousand for 2022and 2021, respectively. Future amortization of our amortizable intangible assets as of December 31, 2022 is expected to be as follows:

(in thousands)

 

 

 

2023

 

$

568

 

2024

 

 

568

 

2025

 

 

555

 

 

 

$

1,691