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GOODWILL AND INTANGIBLE ASSETS-NET | 6 Months Ended
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Jun. 30, 2026
Intangible Asset, Goodwill and Other [Abstract] |
GOODWILL AND INTANGIBLE ASSETS-NET |
5. | GOODWILL AND INTANGIBLE ASSETS-NET
Goodwill consists of the excess of the purchase price over the fair value of identifiable net assets of businesses acquired. At June 30, 2026 and December 31, 2025, approximately $90,000 of goodwill was allocated to the Medical Practice Management segment and the balance was allocated to the Healthcare IT segment. The following is the summary of the carrying amount of goodwill for the six months ended June 30, 2026 and the year ended December 31, 2025: SCHEDULE OF CHANGES TO CARRYING AMOUNT OF GOODWILL
|  | Six Months Ended |  |  | Year Ended |
|  | June 30, 2026 |  |  | December 31, 2025 |
|  | ($ in thousands) |
Beginning gross balance |  | $ | 31,442 |  |  | $ | 19,186 |
Additions |  |  | 400 |  |  |  | 12,256 |
Adjustment |  |  | (7 | ) |  |  | - |
Ending gross balance |  | $ | 31,835 |  |  | $ | 31,442 |
Intangible assets – net as of June 30, 2026 and December 31, 2025 consist of the following: SCHEDULE OF INTANGIBLE ASSETS
|  | June 30, 2026 |  |  | December 31, 2025 |
|  | ($ in thousands) |
Contracts and relationships acquired |  | $ | 55,573 |  |  | $ | 54,973 |
Capitalized software |  |  | 40,005 |  |  |  | 38,329 |
Non-compete agreements |  |  | 1,236 |  |  |  | 1,236 |
Other intangible assets |  |  | 10,529 |  |  |  | 10,529 |
Total intangible assets |  |  | 107,343 |  |  |  | 105,067 |
Less: Accumulated amortization |  |  | 92,414 |  |  |  | 86,099 |
Intangible assets - net |  | $ | 14,929 |  |  | $ | 18,968 |
Capitalized software represents payroll and development costs incurred for internally developed software. Other intangible assets primarily represent purchased intangibles. Amortization expense for the three months ended June 30, 2026 and 2025 was approximately $3.0 million and $2.8 million, respectively, and for the six months ended June 30, 2026 and 2025 was approximately $6.3 million and $5.6 million, respectively. The weighted-average amortization period remaining is approximately two years. As of June 30, 2026, future amortization is scheduled to be expensed as follows: SCHEDULE OF INTANGIBLE ASSETS, FUTURE AMORTIZATION EXPENSE
Years ending June 30, |  | ($ in thousands) |
2026 (six months) |  | $ | 4,316 |
2027 |  |  | 5,775 |
2028 |  |  | 3,395 |
2029 |  |  | 1,293 |
2030 |  |  | 150 |
Total |  | $ | 14,929 |

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- Definition The entire disclosure for intangible asset and goodwill. Includes, but is not limited to, finite- and indefinite-lived intangible assets, capitalized cost for internal-use software and software to be sold, leased, or marketed. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
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