Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consisted of the following:

At December 31, 2022	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite lived intangible assets
Software	$	1,169	$	(569	)	$	600
Licenses		178,929		(22,590	)		156,339
Brand intangibles		1,144		(1,144	)		-
Non-compete agreements		280		(272	)		8
Total finite lived intangible assets		181,522		(24,575	)		156,947
Indefinite lived intangible assets
Brand intangibles		82,757		—			82,757
Total indefinite lived intangible assets		82,757		—			82,757
Intangible assets, net	$	264,279	$	(24,575	)	$	239,704

At December 31, 2021	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Finite lived intangible assets
Software	$	1,018	$	(304	)	$	714
Licenses		153,300		(11,311	)		141,989
Brand intangibles		1,144		(254	)		890
Non-compete agreements		280		(221	)		59
Total finite lived intangible assets		155,742		(12,090	)		143,652
Indefinite lived intangible assets
Brand intangibles		24,773		—			24,773
Total indefinite lived intangible assets		24,773		—			24,773
Intangible assets, net	$	180,515	$	(12,090	)	$	168,425

Schedule of Estimated Future Amortization Expense for Finite Lived Intangible Assets

Estimated future amortization expense for finite lived intangible assets for the next five years is as follows:

2023	$	7,745
2024	$	7,548
2025	$	7,282
2026	$	7,267
2027	$	7,185

Activity in Goodwill Balance

The following table summarizes the activity in the Company's goodwill balance:

Balance at December 31, 2020	$	72,796
Acquisitions (see Note 4)		22,537
Impairment of goodwill		(5,007	)
Balance at December 31, 2021	$	90,326
Acquisitions (see Note 4)		170,359
Impairment of goodwill		(170,357	)
Balance at December 31, 2022	$	90,328

Schedule Of Impairment Intangible Assets

The Company recorded the following impairment losses by category of intangible assets:

	December 31, 2022		December 31, 2021		December 31, 2020
Finite lived intangible assets
Software	$	-	$	9	$	1
Licenses		121,527		—		—
Customer Relationships		—		2,000		342
Non-compete agreements		—		224		—
Total impairment of finite lived intangible assets		121,527		2,233		343
Indefinite lived intangible assets
Brand intangibles		19,200		1,400		—
Total impairment of indefinite lived intangible assets		19,200		1,400		—
Total impairment of intangible assets	$	140,727	$	3,633	$	343

The Company evaluates the recoverability of long-lived assets, including definite lived intangible assets, whether events or changes in circumstances indicate that the carrying value of the asset may not be recoverable.

During the year ended December 31, 2022, the Company determined that changes in market expectations of cash flows in its Michigan, Pennsylvania and California businesses, as well as increased competition and supply in the states, were indicators that an impairment test was appropriate for each of these reporting units.