Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.21.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
September 30, 2021 December 31, 2020
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortizable intangible assets:
Licenses $ 1,000  $ (650) $ 350  $ 1,000  $ (500) $ 500 
Trade names 1,240  (1,240) —  1,240  (1,116) 124 
2,240  (1,890) 350  2,240  (1,616) 624 
Nonamortizable intangible assets:
Marketing Agreement with a related party 1,000  —  1,000  1,000  —  1,000 
Total intangible assets $ 3,240  $ (1,890) $ 1,350  $ 3,240  $ (1,616) $ 1,624 
Schedule of Indefinite-Lived Intangible Assets
The following table provides the gross carrying value and accumulated amortization for each major class of intangible asset other than goodwill:
September 30, 2021 December 31, 2020
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Amortizable intangible assets:
Licenses $ 1,000  $ (650) $ 350  $ 1,000  $ (500) $ 500 
Trade names 1,240  (1,240) —  1,240  (1,116) 124 
2,240  (1,890) 350  2,240  (1,616) 624 
Nonamortizable intangible assets:
Marketing Agreement with a related party 1,000  —  1,000  1,000  —  1,000 
Total intangible assets $ 3,240  $ (1,890) $ 1,350  $ 3,240  $ (1,616) $ 1,624 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
As of September 30, 2021, the estimated annual amortization expense for the years ending December 31, 2021 through 2025 is as follows:
Year Ending December 31, Projected Amortization
Expense
Remaining 2021
$ 50 
2022 200 
2023 100 
2024 — 
2025 — 
Total $ 350