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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS
NOTE 6. GOODWILL AND INTANGIBLE ASSETS
Goodwill

Changes in the carrying value of goodwill, by reporting segment, were as follows (in thousands):
 
Brand Direct
Marketplace
Other
Total
Balance, December 31, 2019
$8,616
$32,660
$   550
$41,826
Additions (Note 8)


3,078
3,078
Balance, December 31, 2020
8,616
32,660
3,628
44,904
Additions (Note 8)
9,760
21,894

31,654
Balance, December 31, 2021
$18,376
$54,554
$3,628
$76,558

The carrying amount of goodwill for all reporting units had no accumulated impairments as of December 31, 2021 and December 31, 2020.
Intangible assets, net

Finite-lived intangible assets, net consisted of the following (in thousands):
 
 
December 31, 2021
December 31, 2020
 
Amortization
Period (Years)
Gross
Accumulated
Amortization
Net
Gross
Accumulated
Amortization
Net
Technology
3 to 5
$ 51,946
$(29,929)
$22,017
$48,008
$(21,454)
$26,554
Customer relationships
2 to 9
49,273
(13,076)
36,197
21,794
(6,749)
15,045
Brand
1 to 7
12,109
(4,575)
7,534
4,295
(961)
3,334
Non-competition agreements
3
1,898
(1,418)
480
2,105
(591)
1,514
Total
 
$115,226
$(48,998)
$66,228
$76,202
$(29,755)
$46,447

Amortization expense for finite-lived intangible assets is recorded on a straight-line basis. Amortization expense related to finite-lived intangible assets was $19.1 million and 14.2 million for the year ended December 31, 2021 and 2020, respectively.

Amortization expense relating to intangible assets subject to amortization for each of the next five years and thereafter is estimated to be as follows (in thousands):
 
2022
2023
2024
2025
2026 and Thereafter
Amortization expense
$19,398
$16,366
$13,792
$6,564
$10,108
Impairment analysis

For the year ended December 31, 2021, the fair value of the Company's goodwill exceeded the carrying value of the reporting units, and there were no other events or changes in circumstances to indicate that goodwill or intangible assets were impaired.