Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets [Abstract]

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

The following table shows the gross carrying amount and accumulated amortization of definite-lived intangible assets:

(in thousands)	As of September 30, 2021
	Gross Carrying Amount		Accumulated Amortization			Net
Amortized intangible assets:
Customer relationships	$	8,628	$	(6,219	)	$	2,409
Trade names		1,689		(1,086	)		603
Developed technology		471		(471	)		-
Non-contractual customer relationships		433		(433	)		-
Noncompete agreement		527		(405	)		122
Alliance agreement		527		(356	)		171
Others		167		(167	)		-
Total	$	12,442	$	(9,137	)	$	3,305

(in thousands)	As of December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Impact of Impairment			Net
Amortized intangible assets:
Customer relationships	$	11,730	$	(5,504	)	$	(3,102	)	$	3,124
Trade names		2,467		(1,020	)		(778	)		669
Developed technology		471		(471	)		-			-
Non-contractual customer relationships		433		(433	)		-			-
Noncompete agreement		949		(336	)		(422	)		191
Alliance agreement		527		(277	)		-			250
Others		167		(167	)		-			-
Total	$	16,744	$	(8,208	)	$	(4,302	)	$	4,234

Finite-Lived Intangible Assets, Future Amortization Expense

Amortization expense related to definite-lived intangible assets totaled $0.3 million and $0.4 million for the three months ended September 30, 2021 and 2020, respectively, and $0.9 million and $1.5 million for the nine months ended September 30, 2021 and 2020, respectively. The following table shows the estimated amortization expense of the definite-lived intangible assets for the next five years and thereafter:

(in thousands)
Years ended December 31:
2021 remainder	$	285
2022		910
2023		640
2024		435
2025		335
Thereafter		700
Total	$	3,305