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Goodwill and Intangible Assets, Net
9 Months Ended
Sep. 30, 2022
Goodwill And Intangible Assets Net  
Goodwill and Intangible Assets, Net

10. Goodwill and Intangible Assets, Net

As of both September 30, 2022 and December 31, 2021, the Company’s carrying amount of goodwill was $1,989,000, all of which came from the Company’s acquisition of RISE. As of September 30, 2022, management concluded that there have been no impairments to the carrying value of the Company’s goodwill and no impairment charges related to goodwill were recognized in the three and nine months ended September 30, 2022 and 2021. Additionally, the Company determined there was not a material risk for future possible impairments to goodwill as of the date of the assessment.

For the three and nine months ended September 30, 2021, the Company recorded a full impairment of its RISE customer relationships intangible asset of $699,000.