Goodwill and Intangible Assets, Net |
NOTE 6. GOODWILL AND INTANGIBLE ASSETS, NET
Goodwill
The carrying amount of goodwill was $27,999 as of September 30, 2021 and $6,904 December 31, 2020.
|
|
Goodwill
|
|
Balance at December 31, 2020
|
|
$
|
6,904
|
|
Acquisition of PandoLogic
|
|
|
21,095
|
|
Balance at September 30, 2021
|
|
$
|
27,999
|
|
Intangible Assets
The following table sets forth the Company’s finite-lived intangible assets resulting from business acquisitions and other purchases, which continue to be amortized:
|
|
|
|
|
|
September 30, 2021
|
|
|
December 31, 2020
|
|
|
|
Weighted
Average
Remaining
Useful
Life (in years)
|
|
|
Gross
Carrying
Amount
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
|
Gross
Carrying
Amount
|
|
|
Accumulated
Amortization
|
|
|
Net
Carrying
Amount
|
|
Software and technology
|
|
|
0.7
|
|
|
$
|
3,582
|
|
|
$
|
(3,477
|
)
|
|
$
|
105
|
|
|
$
|
3,582
|
|
|
$
|
(3,357
|
)
|
|
$
|
225
|
|
Licensed technology
|
|
|
0.0
|
|
|
|
500
|
|
|
|
(500
|
)
|
|
|
-
|
|
|
|
500
|
|
|
|
(375
|
)
|
|
|
125
|
|
Developed technology
|
|
|
3.6
|
|
|
|
25,600
|
|
|
|
(6,087
|
)
|
|
|
19,513
|
|
|
|
9,600
|
|
|
|
(4,480
|
)
|
|
|
5,120
|
|
Customer relationships
|
|
|
6.5
|
|
|
|
77,300
|
|
|
|
(6,157
|
)
|
|
|
71,143
|
|
|
|
9,300
|
|
|
|
(4,340
|
)
|
|
|
4,960
|
|
Noncompete agreements
|
|
|
0.9
|
|
|
|
800
|
|
|
|
(640
|
)
|
|
|
160
|
|
|
|
800
|
|
|
|
(486
|
)
|
|
|
314
|
|
Trade names
|
|
|
5.0
|
|
|
|
2,000
|
|
|
|
(17
|
)
|
|
|
1,983
|
|
|
|
-
|
|
|
|
-
|
|
|
|
-
|
|
Total
|
|
|
5.8
|
|
|
$
|
109,782
|
|
|
$
|
(16,878
|
)
|
|
$
|
92,904
|
|
|
$
|
23,782
|
|
|
$
|
(13,038
|
)
|
|
$
|
10,744
|
|
The following table presents future amortization of the Company’s finite-lived intangible assets at September 30, 2021:
2021 (3 months)
|
|
$
|
4,671
|
|
2022
|
|
|
18,534
|
|
2023
|
|
|
17,091
|
|
2024
|
|
|
14,571
|
|
2025
|
|
|
13,409
|
|
Thereafter
|
|
|
24,628
|
|
Total
|
|
$
|
92,904
|
|
|