Quarterly report [Sections 13 or 15(d)]

Goodwill and Intangible Assets (Tables)

v3.25.0.1
Goodwill and Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2024
Goodwill and Intangible Assets [Abstract]  
Schedule of Company's Goodwill Balance

The following table summarizes the activity in the Company’s goodwill balance:

 

Balance as of December 31, 2023 (1)   $
—
  
Gander Group Acquisition (see Note G)     2,542  
Balance as of September 30, 2024   $ 2,542  

 

(1) Net of accumulated impairment loss of $1,992 as of December 31, 2023.
Schedule of Intangible Assets

The following table presents details of the Company’s intangible assets, estimated lives and related accumulated amortization:

 

        As of September 30, 2024     As of December 31, 2023  
    Weighted-
Average
Remaining
Useful Life		   Gross     Accumulated
Amortization  		     Net Carrying
Amount  		     Gross     Accumulated
Amortization  		     Net Carrying
Amount  		  
Customer lists   8.9 years   $ 5,175     $             (874 )   $ 4,301     $ 3,716     $           (602 )   $ 3,114  
Total intangible assets - customer lists, net       $ 5,175     $ (874 )   $ 4,301     $ 3,716     $ (602 )   $ 3,114  
Trade names   Indefinite   $ 654     $
—
     $ 654     $
—
     $
—
     $
—
  
Total intangible assets - trade name       $ 654     $
—
     $ 654     $
—
     $
—
     $
—
  
Schedule of Estimated Future Amortization Expense of Intangible Assets

The following table presents future estimated amortization expense based on existing intangible assets held for use:

 

Fiscal Years:      
Remainder of 2024   $ 122  
2025     488  
2026     488  
2027     488  
2028     488  
Thereafter     2,227  
Total   $ 4,301