GOODWILL AND LONG-LIVED ASSETS

9 Months Ended

Sep. 30, 2026

GOODWILL AND LONG-LIVED ASSETS [Abstract]

The Company reviews the carrying value of its long-lived assets and identifiable intangibles annually, or more frequently if necessary, for possible impairment whenever events or changes in circumstances indicate that the carrying amounts may not be recoverable. If the Company determines that an asset’s carrying value is impaired, it will record a write-down of the carrying value of the asset and charge the impairment as an operating expense in the period in which the determination is made. For other long-lived assets, including ROU lease assets, the Company evaluates assets for recoverability when there is an indication of potential impairment. If the undiscounted cash flows from a group of assets being evaluated are less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value.

When we perform the quantitative impairment test for long-lived assets, we examine estimated future cash flows using Level 3 inputs. These cash flows are evaluated by using weighted probability techniques as well as comparisons of past performance against projections. Assets may also be evaluated by identifying independent market values.

During the nine months ended September 30, 2026 and 2025, there were no impairments of goodwill or long-lived assets.

There were no changes in the carrying amount of goodwill during the nine months ended September 30, 2026, as presented below:


	Gross Goodwill Balance		Accumulated Impairment Losses			Net Goodwill Balance
Balance as of December 31, 2025	$	117,176	$	(106,434	)	$	10,742
Adjustments		-		-			-
Balance as of September 30, 2026	$	117,176	$	(106,434	)	$	10,742