Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Intangible Assets [Abstract]

Summary of Total Intangible Assets

Total intangible assets consisted of the following at June 30, 2022 and December 31, 2021 (in thousands):

	June 30, 2022							December 31, 2021
	Gross Amount		Accumulated Amortization			Net Balance		Gross Amount		Accumulated Amortization			Net Balance
Customer relationships	$	12,876	$	(1,180	)	$	11,696	$	10,018	$	(665	)	$	9,353
Contract rights		3,438		(938	)		2,500		2,333		(224	)		2,109
Leasehold		187		(29	)		158		160		(17	)		143
Non-compete agreement		137		(137	)		-		137		(137	)		-
Domain name		281		-			281		281		-			281
Licensing rights		400		-			400		400		-			400
Total	$	17,319	$	(2,284	)	$	15,035	$	13,329	$	(1,043	)	$	12,286

Summary of Weighted Average Useful Lives of Intangible Assets by Asset Class Used for Straight-line Expense Purposes

The following table summarizes the weighted average useful lives of intangible assets by asset class used for straight-line expense purposes:

	June 30, 2022		December 31, 2021
Customer relationships		13.03		10.32
Contract rights		2.48		2.87
Leasehold		8.05		9.17
Non-compete agreement		3.00		3.00

Summary of Future amortization

Future amortization for the remainder of 2022 and for the succeeding years is as follows (in thousands):

2022		1,407
2023		2,132
2024		1,765
2025		1,030
2026		1,003
Thereafter		7,017
Total	$	14,354