INTANGIBLE ASSETS AND GOODWILL (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

SCHEDULE OF ACQUIRED INTANGIBLE ASSETS

The Company’s acquired intangible assets at June 30, 2022 consisted of the following (in thousands):

	Weighted
	average						Net
	amortization				Accumulated		carrying
	period (years)		Cost		amortization		value
Tradename and trademarks		3.00	$	2,041	$	113	$	1,928
Licenses and customer base		8.26		8,100		169		7,931
Non-compete agreements		2.00		42		3		39
		7.18	$	10,183	$	285	$	9,898

SCHEDULE OF ESTIMATED FUTURE AMORTIZATION EXPENSE OF INTANGIBLE ASSETS

Estimated future amortization expense for the Company’s intangible assets at June 30, 2022 was as follows:

Year ending December 31,
Remainder of 2022	$	856
2023		1,712
2024		1,699
2025		1,239
2026		1,011
Thereafter		3,381
Total	$	9,898

SCHEDULE OF GOODWILL

The changes in the carrying value of the Company’s goodwill in the three months ended June 30, 2022 and 2021 were as follows (in thousands):

	2022		2021
Balance at January 1,	$	2,068	$	2,068
Kind Acquisition		6,011		-
Balance at June 30,	$	8,079	$	2,068