Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS-NET (Tables)

v3.22.2.2
GOODWILL AND INTANGIBLE ASSETS-NET (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL

    September 30, 2022   December 31, 2021  
    Nine Months Ended   Year Ended  
    September 30, 2022   December 31, 2021  
    ($ in thousands)  
Beginning gross balance   $ 61,186     $ 49,291  
Acquisition, net of adjustments     -       11,895  
Ending gross balance   $ 61,186     $ 61,186  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS

    September 30, 2022     December 31, 2021  
    September 30, 2022     December 31, 2021  
    ($ in thousands)  
Contracts and relationships acquired   $ 47,597     $ 47,597  
Capitalized software     19,302       13,196  
Non-compete agreements     1,236       1,236  
Other intangible assets     8,399       8,396  
Total intangible assets     76,534       70,425  
Less: Accumulated amortization     46,775       39,647  
Intangible assets - net   $ 29,759     $ 30,778  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE

As of September 30, 2022, future amortization scheduled to be expensed is as follows:

 

       
Years ending December 31,   ($ in thousands)  
2022 (three months)   $ 4,016  
2023     12,275  
2024     8,122  
2025     3,996  
2026     300  
Thereafter     1,050  
Total   $ 29,759