Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Intangibles (Tables)

v3.22.2.2
Goodwill and Intangibles (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The following table summarizes the changes in the carrying amount of Goodwill for the six months ended June 30, 2022 (in thousands):
Segments Acquisitions Balance as of January 1, 2022 Goodwill additions through acquisitions Valuation Measurement Period Adjustments Exchange rate fluctuations as of June 30, 2022 Balance as of June 30, 2022
SAVES Systat $ 695  $ —  $ (695) $ —  $ — 
Indoor Intelligence GTX —  (1) —  — 
Nanotron 1,119  —  (1,035) (84) — 
Jibestream 480  —  (474) (6) — 
CXApp 5,066  —  (5,066) —  — 
Game Your Game 152  —  (152) —  — 
IntraNav 159  —  (147) (12) — 
Total $ 7,672  $ —  $ (7,570) (102) $ — 
Schedule of Finite-Lived Intangible Assets Intangibles assets at June 30, 2022 and December 31, 2021 consisted of the following (in thousands):
Gross Carrying Amount Accumulated Amortization Amount Remaining Weighted Average Useful Life
June 30, December 31, June 30, December 31,
2022 2021 2022 2021
IP Agreement $ 158  $ 172  $ (70) $ (54) 2.25
Trade Name/Trademarks 3,585  3,602  (1,031) (662) 3.80
Webstores & Websites 404  404  (191) (123) 1.58
Customer Relationships 9,152  9,294  (2,096) (1,440) 5.42
Developed Technology 21,959  22,175  (4,180) (3,010) 8.04
Non-compete Agreements 4,255  4,786  (1,819) (1,666) 1.98
Totals $ 39,513  $ 40,433  $ (9,387) $ (6,955)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Future amortization expense on intangibles assets is anticipated to be as follows (in thousands):

Amount
December 31, 2022 (for 6 months) $ 3,065 
December 31, 2023 5,925 
December 31, 2024 4,981 
December 31, 2025 4,355 
December 31, 2026 and thereafter 11,800 
$ 30,126