Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS-NET (Tables)

v3.23.1
GOODWILL AND INTANGIBLE ASSETS-NET (Tables)
 3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL

 

                 
    Three Months Ended     Year Ended  
    March 31, 2023     December 31, 2022  
    ($ in thousands)  
Beginning gross balance   $ 61,186     $ 61,186  
Acquisitions     -       -  
Ending gross balance   $ 61,186     $ 61,186  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS

 

                 
    March 31, 2023     December 31, 2022  
    ($ in thousands)  
Contracts and relationships acquired   $ 47,597     $ 47,597  
Capitalized software     22,959       21,547  
Non-compete agreements     1,236       1,236  
Other intangible assets     8,415       8,415  
Total intangible assets     80,207       78,795  
Less: Accumulated amortization     51,672       49,275  
Intangible assets - net   $ 28,535     $ 29,520  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE

As of March 31, 2023, future amortization scheduled to be expensed is as follows:

 

Years ending December 31,     ($ in thousands)  
2023 (nine months)     $ 10,338  
2024       9,498  
2025       6,254  
2026       1,395  
2027       300  
Thereafter       750  
Total     $ 28,535