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Intangible Assets, Net (Tables) - Groop Internet Platform Inc [Member]

12 Months Ended

Dec. 31, 2020

Summary of Intangible Assets

a. Intangible assets are comprised of the following:

		Year ended December 31,
		2020				2019
Intangible assets with finite lives:
Acquired technology		$	3,201			$	—
Customer relationship			1,350				—
Non-Competition agreement			939				—
			5,490			$	—
Accumulated amortization:
Acquired technology			75				—
Customer relationship			170				—
Non-Competition agreement			50				—
			295				—
Intangible assets, net		$	5,195			$	—

Summary of Future Amortization Expenses

b. Future amortization expenses for the years ending:

December 31,
2021		$	1,759
2022			907
2023			743
2024			446
2025 and thereafter			1,340
		$	5,195

X

- Definition

Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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