Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS-NET (Tables)

v3.23.2
GOODWILL AND INTANGIBLE ASSETS-NET (Tables)
 6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL

  

                 
    Six Months Ended     Year Ended  
   

June 30, 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

  

                 
    June 30, 2023     December 31, 2022  
    ($ in thousands)  
Contracts and relationships acquired   $ 47,597     $ 47,597  
Capitalized software     25,165       21,547  
Non-compete agreements     1,236       1,236  
Other intangible assets     8,417       8,415  
Total intangible assets     82,415       78,795  
Less: Accumulated amortization     54,492       49,275  
Intangible assets - net   $ 27,923     $ 29,520  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE

As of June 30, 2023, future amortization scheduled to be expensed is as follows:

  

Years ending December 31,  

($ in thousands)

  
2023 (six months)   $ 7,180  
2024     10,237  
2025     6,992  
2026     2,464  
2027     300  
Thereafter     750  
Total   $ 27,923