Quarterly report pursuant to Section 13 or 15(d)

GOODWILL AND INTANGIBLE ASSETS-NET (Tables)

v3.22.1
GOODWILL AND INTANGIBLE ASSETS-NET (Tables)
 3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
SCHEDULE OF INTANGIBLE ASSETS AND GOODWILL

 

    Three Months Ended     Year Ended  
    March 31, 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

 

    March 31, 2022     December 31, 2021  
    ($ in thousands)  
Contracts and relationships acquired   $ 47,597     $ 47,597  
Capitalized software     15,387       13,196  
Non-compete agreements     1,236       1,236  
Other intangible assets     8,396       8,396  
Total intangible assets     72,616       70,425  
Less: Accumulated amortization     42,129       39,647  
Intangible assets - net   $ 30,487     $ 30,778  
SCHEDULE OF FINITE-LIVED INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE

As of March 31, 2022, future amortization scheduled to be expensed is as follows:

 

Years ending December 31,   ($ in thousands)  
2022 (nine months)   $ 10,272  
2023     10,786  
2024     6,765  
2025     1,314  
2026     300  
Thereafter     1,050  
Total   $ 30,487