Note 14 - Goodwill

3 Months Ended

Mar. 31, 2022

Notes to Financial Statements

Goodwill Disclosure [Text Block]

14. Goodwill

As of March 31, 2022, the Company recognized $4.5 million in goodwill as the result of the acquisition of 50% of TAV on September 1, 2021.  The fair value of goodwill as of the date of acquisition, a Level 3 input, was principally based on values obtained from public and private market comps. In accordance with ASC 350, management determined that no events or changes in circumstances occurred during the three months ending March 31, 2022 that would indicate the carrying amounts may not be recoverable, and therefore determined that there were no goodwill impairments.