Goodwill and Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Certain intangible Assets and Resulted In Impairment Charges

we experienced a significant decline in our stock price and market capitalization and revised internal forecasts relating to all reporting units due to inflationary related pressures at our customers which have caused sales decreases. We concluded that the changes in circumstances in these reporting units triggered the need for a quantitative review of the carrying values of goodwill and certain intangible assets and resulted in impairment charges to our All-Purpose reporting unit during the three months ended June 30, 2022 and resulted in the following impairment charges:

	Intangible Assets		Goodwill		Total
All-Purpose		2,717		872		3,589

Schedule of Changes in Carrying Amount of Goodwill by Reporting Unit

The changes in the carrying amount of goodwill by reporting unit for the six months ended June 30, 2022 and 2021 were as follows:

	Detergent		Shampoo		All-Purpose			Total
Balance, January 1, 2022	$	-	$	-	$	1,710		$	1,710
Additions		-		-		-			-
Impairment		-		-		(872	)		(872	)
Balance, June, 30, 2022	$	-	$	-	$	838		$	838
Balance, January 1, 2021	$	593	$	1,520	$	1,710		$	3,823
Additions		-		-		-			-
Impairment		-		-		-			-
Balance, June 30, 2021	$	593	$	1,520	$	1,710		$	3,823

Schedule of Intangible Assets

Intangible assets, which are comprised of our capitalized costs of software obtained for internal-use or are related to our acquisition of our Prell^®, Denorex^®, BIZ^® and Kids N Pets^® brands, consisted of the following: 

	As of June 30, 2022						As of December 31, 2021
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Intangible assets:
Customer relationships	$	-	$	-	$	-	$	2,103	$	329	$	1,774
Trade names		970		81		889		1,850		151		1,699
Formulas and batching processes		1,000		417		583		1,370		452		918
Internal-use software		898		15		883		756		-		756
Non-compete agreement		33		29		4		48		35		13
	$	2,901	$	542	$	2,359	$	6,127	$	967	$	5,160

Schedule of Estimated Amortization Expense

Estimated amortization expense for 2022 and subsequent years is as follows:

Remainder of 2022	$	172
2023		344
2024		344
2025		343
2026		342
Thereafter		814
Total	$	2,359