Intangible Assets and Goodwill (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

The Company’s identifiable intangible assets are associated with its acquisitions of HGP in 2012, NLEX in 2014 and ALT in 2021, as shown in the table below (in thousands except for lives), and are amortized using the straight-line method over their remaining estimated useful lives. The Company’s tradename that was acquired as part of the acquisition of NLEX in 2014 has an indefinite life and therefore is not amortized.

	Remaining		Carrying Value					Carrying Value
	Life		December 31,					September 30,
	(years)		2022		Amortization			2023
Amortizable intangible assets:
Trade Name (HGP)		1.3	$	257	$	(96	)	$	161
Trade Name (ALT)		17.9		607		(24	)		583
Vendor Relationship (ALT)		2.9		843		(173	)		670
Total amortizable intangible assets				1,707		(293	)		1,414
Indefinite-lived intangible assets:
Trade Name (NLEX)	N/A			2,437		—			2,437
Total intangible assets			$	4,144	$	(293	)	$	3,851

Schedule of Estimated Amortization Expense Intangible Assets

As of September 30, 2023, the estimated amortization expense for the remainder of the current fiscal year and the next five fiscal years and thereafter is shown below (in thousands):

Year	Amount
2023 (remainder of year from October 1, 2023 to December 31, 2023)	$	98
2024		391
2025		263
2026		186
2027		33
Thereafter		443
Total estimated amortization expense	$	1,414

Schedule of Goodwill

The Company’s goodwill relates to its acquisition of various entities. Goodwill consists of the following at September 30, 2023 and December 31, 2022 (in thousands):

	September 30, 2023		December 31, 2022
ALT	$	1,861	$	1,861
HGP		2,041		2,041
NLEX		3,544		3,544
Total goodwill	$	7,446	$	7,446