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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
The changes in goodwill are as follows:
December 31,
2021
December 31,
2020
Balance, beginning of period$62,951 $17,799 
Goodwill additions and measurement period adjustments$62,450 $45,152 
Balance, end of period$125,401 $62,951 
A summary of intangible assets as of follows:
Weighted-Average
Amortization Period
of Intangible Assets
as of December 31, 2021
(in years)
Tradenames4.15 years
Patents, trademarks4.08 years
Customer relationships5.30 years
Non-competes3.74 years
Intellectual property4.16 years
Intangible assets on the Company’s consolidated balance sheets consist of the following:
December 31, 2021December 31, 2020
Gross
Carrying
Amount
Accumulated
Amortization
Gross
Carrying
Amount
Accumulated
Amortization
Tradenames$28,300 $(4,948)$13,923 $(398)
Patents, trademarks100 (42)100 (9)
Customer relationships25,175 (3,055)6,297 (138)
Non-competes1,384 (233)796 (22)
Intellectual property2,065 (344)— — 
$57,024 $(8,622)$21,116 $(567)
Amortization expense for the years ended December 31, 2021, 2020, and 2019 was $8.9 million, $789 thousand, and $5 thousand respectively.
Future amortization expense is as follows:
2022$10,597 
202310,596 
202410,590 
202510,206 
20265,159 
Thereafter1,254 
Total$48,402