Annual report pursuant to Section 13 and 15(d)

Goodwill and intangible assets (Tables)

v3.24.1.u1
Goodwill and intangible assets (Tables)
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of goodwill

The change in the carrying amount of goodwill for the years ended December 31, 2023 and 2022 is summarized as follows (in thousands):

 

    December 31, 2023     December 31, 2022  
Beginning balance   $ —     $ 18,614  
Impairment expense     —       (18,614 )
Ending balance   $ —     $ —  
Schedule of Intangible Assets

The Company’s intangible assets (in thousands) and related useful lives (in years) are as follows:

 

          December 31, 2023  
   

Estimated

Useful

Life (in years)

    

Gross Carrying

Amount

    

Accumulated

Amortization

     Impairment Loss    

Net Carrying

Amount

  
Customer relationships   —     $ 7,190     $ (4,142 )   $ (3,048 )   $ —  
Trade name   —       7,500       (2,016 )     (5,484 )     —  
Total intangible assets         $ 14,690     $ (6,158 )   $ (8,532 )   $ —  

 

          December 31, 2022  
   

Estimated Useful

Life (in years)

    

Gross Carrying

Amount

    

Accumulated

Amortization

    

Net Carrying

Amount

  
Customer relationships   7     $ 7,190     $ (3,115 )   $ 4,075  
Trade name   15       7,500       (1,516 )     5,984  
Total intangible assets         $ 14,690     $ (4,631 )   $ 10,059