GOODWILL AND INTANGIBLE ASSETS (Tables) - OLD PlayStudios, Inc.

3 Months Ended

12 Months Ended

Mar. 31, 2021

Dec. 31, 2020

Schedule of Goodwill and Intangible assets

	March 31, 2021						December 31, 2020
	Gross				Net		Gross
	Carrying		Accumulated		Carrying		Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount		Amount		Amortization		Amount
Amortizable intangible assets:
Licenses	$	1,000	$	(550)	$	450	$	1,000	$	(500)	$	500
Trade names		1,240		(1,178)		62		1,240		(1,116)		124
		2,240		(1,728)		512		2,240		(1,616)		624
Nonamortizable intangible assets:
Marketing Agreement with a related party		1,000		—		1,000		1,000		—		1,000
Total intangible assets	$	3,240	$	(1,728)	$	1,512	$	3,240	$	(1,616)	$	1,624

The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill (in thousands):

	December 31, 2020						December 31, 2019
	Gross						Gross
	Carrying		Accumulated		Net Carrying		Carrying		Accumulated		Net Carrying
	Amount		Amortization		Amount		Amount		Amortization		Amount
Amortizable intangible assets:
Licenses	$	1,000	$	(500)	$	500	$	3,500	$	(2,550)	$	950
Trade names		1,240		(1,116)		124		1,240		(868)		372
		2,240		(1,616)		624		4,740		(3,418)		1,322
Nonamortizable intangible assets:
Marketing Agreement with a related party		1,000		—		1,000		1,000		—		1,000
Total intangible assets	$	3,240	$	(1,616)	$	1,624	$	5,740	$	(3,418)	$	2,322

Schedule of Estimated annual amortization expense

	Projected
	Amortization
Year Ending December 31,	Expense
Remainder of 2021	$	212
2022		200
2023		100
2024		—
2025		—
Total	$	512

As of December 31, 2020, the estimated annual amortization expense for the years ending December 31, 2021 through 2025 is as follows (in thousands):

	Projected
	Amortization
Year Ending December 31,	Expense
2021	$	324
2022		200
2023		100
2024		—
2025		—
Total	$	624