GOODWILL AND INTANGIBLE ASSETS-NET (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill And Intangible Assets-net

SCHEDULE OF CHANGES TO THE CARRYING AMOUNT OF GOODWILL

The following is the summary of the carrying amount of goodwill for the six months ended June 30, 2024 and the year ended December 31, 2023:

	Six Months Ended		Year Ended
	June 30, 2024		December 31, 2023
	($ in thousands)
Beginning gross balance	$	19,186	$	61,186
Impairment charges		-		(42,000	)
Ending gross balance	$	19,186	$	19,186

SCHEDULE OF INTANGIBLE ASSETS

Intangible assets – net as of June 30, 2024 and December 31, 2023 consist of the following:

	June 30, 2024		December 31, 2023
	($ in thousands)
Contracts and relationships acquired	$	47,597	$	47,597
Capitalized software		32,449		29,379
Non-compete agreements		1,236		1,236
Other intangible assets		8,417		8,417
Total intangible assets		89,699		86,629
Less: Accumulated amortization		68,202		61,555
Intangible assets - net	$	21,497	$	25,074

SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE

As of June 30, 2024, future amortization is scheduled to be expensed as follows:

Years ending December 31,	($ in thousands)
2024 (six months)	$	5,517
2025		9,405
2026		5,024
2027		801
2028		300
Thereafter		450
Total	$	21,497