INTANGIBLE ASSETS AND GOODWILL (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Intangible Assets

The Company’s acquired intangible assets at March 31, 2024 and December 31, 2022 consisted of the following (in thousands):

March 31, 2024	Weighted average amortization period (years)	Cost		Accumulated amortization		Net carrying value
Tradename and trademarks	7.38	$	3,159	$	1,677	$	1,482
Licenses and customer base	7.00	14,159		2,824		11,335
Non-compete agreements	2.00	42		40		2
	7.05	$	17,360	$	4,541	$	12,819

December 31, 2023	Weighted average amortization period (years)	Cost		Accumulated amortization		Net carrying value
Tradename and trademarks	7.11	$	3,104	$	1,335	$	1,769
Licenses and customer base	9.15	18,033		2,797		15,236
Non-compete agreements	2.00	42		35		7
	8.84	$	21,179	$	4,167	$	17,012

Schedule of Estimated Future Amortization Expense

Estimated future amortization expense for the Company’s intangible assets at March 31, 2024 was as follows:

Year ending December 31,
Remainder of 2024	$	2,019
2025	2,237
2026	1,730
2027	1,637
2028	1,637
Thereafter	3,559
Total	$	12,819

Schedule of Changes In Goodwill

The changes in the carrying value of the Company’s goodwill in the three months ended March 31, 2024 and 2023 were as follows (in thousands):

	2024		2023
Balance at January 1,	$	11,993	$	8,079
Ermont Acquisition	3,819		3,925
Balance at March 31,	$	15,812	$	12,004