Annual report [Section 13 and 15(d), not S-K Item 405]

Goodwill and Intangible Assets (Tables)

v3.25.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 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, 2022  (1)   $ 90  
Acquisition (see Note F)     720  
Impairment     (810 )
Balance as of December 31, 2023 (2)   $
—
  
Gander Group Acquisition (see Note F)     2,542  
Measurement period adjustment     (221 )
Balance as of December 31, 2024   $ 2,321  

 

(1) Net of accumulated impairment loss of $1,182 as of December 31, 2022.

 

(2) 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:

 

    Weighted-Average   As of December 31, 2024     As of December 31, 2023  
    Remaining
Useful Life		   Gross     Accumulated
Amortization		     Net Carrying
Amount		     Gross     Accumulated
Amortization		     Net Carrying
Amount		  
Customer lists   8.6 years   $ 5,175     $ (1,005 )   $ 4,170     $ 3,716     $ (602 )   $ 3,114  
Total intangible assets - customer lists, net       $ 5,175     $ (1,005 )   $ 4,170     $ 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:      
2025   $ 488  
2026     488  
2027     488  
2028     488  
2029     488  
Thereafter     1,730  
Total   $ 4,170