INTANGIBLE ASSETS AND GOODWILL

9 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS AND GOODWILL

(9) INTANGIBLE ASSETS AND GOODWILL

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

	Weighted average amortization period (years)	Cost		Accumulated amortization		Net carrying value
Tradename and trademarks	3.00	$	2,041	$	283	$	1,758
Licenses and customer base	8.26	8,100		422		7,678
Non-compete agreements	2.00	42		9		33
	7.18	$	10,183	$	714	$	9,469

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

Year ending December 31,
Remainder of 2022	$	428
2023	1,712
2024	1,698
2025	1,239
2026	1,011
Thereafter	3,381
Total	$	9,469

The changes in the carrying value of the Company’s goodwill in the three months ended September 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 September 30,	$	8,079	$	2,068