XML 36 R26.htm IDEA: XBRL DOCUMENT
v3.22.1

Intangible Assets and Goodwill (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | The Company’s identifiable intangible assets are associated with its acquisitions of HGP in 2012, NLEX in 2014 and ALT in 2021, as shown in the table below (in thousands except for lives), and are amortized using the straight-line method over their remaining estimated useful lives. The Company’s tradename that was acquired as part of the acquisition of NLEX in 2014 has an indefinite life and therefore is not amortized.
|  | Remaining |  |  | Carrying Value |  |  |  |  |  | Carrying Value |
|  | Life |  |  | December 31, |  |  |  |  |  | March 31, |
Amortized Intangible Assets |  | (years) |  |  | 2021 |  |  | Amortization |  |  | 2022 |
Customer Relationships (HGP) |  |  | 0.8 |  |  | $ | 30 |  |  | $ | (8 | ) |  | $ | 22 |
Trade Name (HGP) |  |  | 2.8 |  |  |  | 386 |  |  |  | (32 | ) |  |  | 354 |
Trade Name (ALT) |  |  | 19.4 |  |  |  | 639 |  |  |  | (8 | ) |  |  | 631 |
Vendor Relationship (ALT) |  |  | 4.4 |  |  |  | 1,073 |  |  |  | (57 | ) |  |  | 1,016 |
Total |  |  |  |  |  | 2,128 |  |  |  | (105 | ) |  |  | 2,023 |
Unamortized Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |
Trade Name (NLEX) |  | NA |  |  |  | 2,437 |  |  |  | — |  |  |  | 2,437 |
Total |  |  |  |  |  | 2,437 |  |  |  | — |  |  |  | 2,437 |
Total |  |  |  |  | $ | 4,565 |  |  | $ | (105 | ) |  | $ | 4,460 |
Schedule of Estimated Amortization Expense Intangible Assets | As of March 31, 2022, the estimated amortization expense for the remainder of the current fiscal year and the next five fiscal years and thereafter is shown below (in thousands):
Year |  | Amount |
2022 (remainder of year from April 1, 2022 to December 31, 2022) |  | $ | 316 |
2023 |  |  | 391 |
2024 |  |  | 391 |
2025 |  |  | 262 |
2026 |  |  | 186 |
Thereafter |  |  | 477 |
Total |  | $ | 2,023 |
Schedule of Goodwill |
Acquisition |  | March 31, 2022 |  |  | December 31, 2021 |
ALT |  | $ | 1,861 |  |  | $ | 1,861 |
HGP |  |  | 2,040 |  |  |  | 2,040 |
NLEX |  |  | 3,545 |  |  |  | 3,545 |
Total goodwill |  | $ | 7,446 |  |  | $ | 7,446 |

X
- Definition Schedule of intangible assets. + References No definition available. + Details
Name: | hgbl_ScheduleOfIntangibleAssetsTableTextBlock
Namespace Prefix: | hgbl_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration