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Goodwill and Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2022
Goodwill and Intangible Assets  
Schedule of carrying amount of goodwill

The change in the carrying amount of goodwill for the nine months ended September 30, 2022 was as follows (in thousands):

Balance as of January 1, 2022

    

$

2,143

Foreign currency translation adjustment

 

(161)

Balance as of September 30, 2022

$

1,982

Schedule of company's acquisition-related intangible assets and capitalized developed software

Information regarding the Company acquired intangible assets and capitalized developed software was as follows (in thousands):

Capitalized Developed

Company Acquired Intangible Assets

   

Software

Capitalized

Trademarks

Media

Capitalized

Developed

Developed

Customer

and

Contact

Developed

Software - in

    

technology

   

relationships

   

tradenames

   

Patents

   

Database

   

Software

   

Progress

   

Total

Gross carrying amounts:

Balance as of January 1, 2022

$

3,169

$

2,228

$

880

$

45

$

3,648

$

8,576

$

635

$

19,181

Additions

 

-

 

-

 

-

 

-

 

-

 

-

 

4,244

 

4,244

Transfers

 

-

 

-

 

-

 

-

 

-

 

2,882

 

(2,882)

 

-

Foreign currency translation

 

(235)

 

(162)

 

(42)

 

(3)

 

(284)

 

(656)

 

(12)

 

(1,394)

Balance as of September 30, 2022

$

2,934

$

2,066

$

838

$

42

$

3,364

$

10,802

$

1,985

$

22,031

Accumulated amortization:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Balance as of January 1, 2022

$

2,158

$

1,377

$

685

$

34

$

2,005

$

2,575

$

-

$

8,834

Amortization expense

 

235

 

139

 

42

 

3

 

267

 

1,286

 

-

 

1,972

Foreign currency translation

 

(175)

 

(110)

 

(30)

 

(3)

 

(170)

 

(229)

 

-

 

(717)

Balance as of September 30, 2022

$

2,218

$

1,406

$

697

$

34

$

2,102

$

3,632

$

-

$

10,089

Net carrying values - September 30, 2022

$

716

$

660

$

141

$

8

$

1,262

$

7,170

$

1,985

$

11,942

Company Acquired Intangible Assets

Capitalized Developed Software

Capitalized

Trademarks 

Media

Capitalized

Developed

 

Developed

 

Customer

 

and

Contact

Developed

Software - in

    

technology

    

relationships

    

tradenames

    

Patents

    

Database

    

Software

    

Progress

    

Total

Gross carrying amounts:

 

  

 

  

 

  

 

  

 

  

 

  

Balance as of January 1, 2021

$

3,175

$

2,228

$

882

$

45

$

3,670

$

5,507

$

1,360

$

16,867

Additions

-

-

-

-

-

376

2,005

2,381

Transfers

-

-

-

-

-

2,752

(2,752)

-

Foreign currency translation adjustment

 

(6)

 

-

 

(2)

 

-

 

(22)

(59)

22

 

(67)

Balance as of December 31, 2021

$

3,169

$

2,228

$

880

$

45

$

3,648

$

8,576

$

635

$

19,181

Accumulated amortization:

Balance as of January 1, 2021

$

1,844

$

1,192

$

629

$

29

$

1,650

$

1,492

$

-

$

6,836

Amortization expense

315

187

56

5

354

1,089

-

2,006

Foreign currency translation adjustment

(1)

(2)

-

-

1

(6)

-

(8)

Balance as of December 31, 2021

$

2,158

$

1,377

$

685

$

34

$

2,005

$

2,575

$

-

$

8,834

Net carrying amounts - December 31, 2021

$

1,011

$

851

$

195

$

11

$

1,643

$

6,001

$

635

$

10,347

Schedule of estimated amortization expense for intangible assets

As of September 30, 2022, estimated future amortization expense for intangible assets was as follows (in thousands):

Year

    

Amortization

2022

$

761

2023

$

3,579

2024

$

3,124

2025

$

2,217

2026

$

818

Thereafter

$

1,443

$

11,942