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Intangible and Other Assets | 12 Months Ended
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Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible and Other Assets | Note 5 – Intangible and Other Assets The following table summarizes our intangible assets as of: Schedule of Intangible and Other Assets
|  | December 31, |  |  | December 31, |  |  | Estimated
|  | 2022 |  |  | 2021 |  |  | Useful Life
Intangible assets subject to amortization (in thousands): |  |  |  |  |  |  |  |  |  |
Tradenames and trademarks |  | $ | 417 |  |  | $ | 417 |  |  | 2.5 - 8.0 years
Accreditations |  |  | 75 |  |  |  | 75 |  |  | 5.0 years
Customer relationships |  |  | 3,664 |  |  |  | 3,664 |  |  | 3.0 - 15.0 years
Patents |  |  | 970 |  |  |  | 970 |  |  | 4.0 years
Non-compete agreements |  |  | 121 |  |  |  | 121 |  |  | 5.0 years
Intangible and other assets, gross |  |  | 5,247 |  |  |  | 5,247 |  |  |
Less accumulated amortization |  |  | 3,511 |  |  |  | 3,154 |  |  |
Intangible and other assets, Net |  |  | 1,736 |  |  |  | 2,093 |  |  |
Cryptocurrency (not subject to amortization) |  |  | 116 |  |  |  | - |  |  |
Tradenames/trademarks (not subject to amortization) |  |  | 465 |  |  |  | 465 |  |  |
Intangible assets |  |  | 2,317 |  |  |  | 2,558 |  |  |
Other assets |  |  | 23 |  |  |  | 23 |  |  |
Intangible and other assets: |  | $ | 2,340 |  |  | $ | 2,581 |  |  |
We reviewed our long-lived assets for indicators of impairment in 2022 and 2021 and concluded in each year that no impairments exist. For the period ending December 31, 2022, we have not sold any digital assets and have recognized an impairment loss of $62,000 related to our investment in cryptocurrency. As of December 31, 2022, the carrying value of our digital assets held was $116,000. Amortization expense for each of the years ended December 31, 2022 and 2021 was approximately $0.3 million and $0.4 million, respectively. As of December 31, 2022, future scheduled amortization of intangible assets is as follows (in thousands): Schedule of Future Amortization of Intangible Assets Fiscal year ending December 31:
2023 |  | $ | 317 |
2024 |  |  | 305 |
2025 |  |  | 260 |
2026 |  |  | 223 |
2027 |  |  | 197 |
Thereafter |  |  | 434 |
Intangible and other assets, net |  | $ | 1,736 |
Where Food Comes From, Inc. Notes to the Consolidated Financial Statements

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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