INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of acquired intangible assets

The Company’s acquired intangible assets at March 31, 2023 and December 31, 2022 consisted of the following (in thousands):

March 31, 2023	Weighted average amortization period (years)	Cost		Accumulated amortization		Net carrying value
Tradename and trademarks	7.11	$	3,104	$	624	$	2,480
Licenses and customer base	9.22	18,033		1,056		16,977
Non-compete agreements	2.00	42		19		23
	8.89	$	21,179	$	1,699	$	19,480

December 31, 2022	Weighted average amortization period (years)	Cost		Accumulated amortization		Net carrying value
Tradename and trademarks	3.00	$	2,041	$	453	$	1,588
Licenses and customer base	8.94	13,260		675		12,585
Non-compete agreements	2.00	42		14		28
	8.13	$	15,343	$	1,142	$	14,201

Schedule of estimated future amortization expense

Estimated future amortization expense for the Company’s intangible assets at March 31, 2023 was as follows:

Year ending December 31,
Remainder of 2023	$	2,023
2024	2,683
2025	2,223
2026	1,996
2027	1,996
Thereafter	8,559
Total	$	19,480

Schedule of changes in goodwill

The changes in the carrying value of the Company’s goodwill in the three months ended March 31, 2023 and 2022 were as follows (in thousands):

	2023		2022
Balance at January 1,	$	8,079	$	2,068
Ermont Acquisition	3,925		—
Balance at March 31,	$	12,004	$	2,068