Goodwill and Intangibles

3 Months Ended

Mar. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangibles

GOODWILL AND INTANGIBLES

Goodwill activity for the three months ended March 31, 2022 consisted of the following (in thousands):

Balance at December 31, 2021	$	17,376
Additions	—
Impairment	—
Balance at March 31, 2022	$	17,376

Intangibles, net at March 31, 2022 were comprised of the following (in thousands):

Definite-lived Intangible Assets	Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trade name	25 Years	$	250	$	(70)	$	180
Trademarks	10 Years	1,610		(678)		932
Non-competition agreement	5 Years	1,810		(1,523)		287
Developed technology	7 Years	4,420		(2,657)		1,763
Customer relationships	10-12 Years	9,330		(3,412)		5,918
Total		$	17,420	$	(8,340)	$	9,080

Intangibles, net at December 31, 2021 were comprised of the following (in thousands):

Definite-lived Intangible Assets	Amortization Period	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Trade name	25 Years	$	250	$	(68)	$	182
Trademarks	10 Years	1,610		(637)		973
Non-competition agreement	5 Years	1,810		(1,433)		377
Developed technology	7 Years	4,420		(2,499)		1,921
Customer relationships	10-12 Years	9,330		(3,216)		6,114
Total		$	17,420	$	(7,853)	$	9,567

The aggregate intangible asset amortization expense was $487,000 for the three months ended March 31, 2022 and 2021, respectively.