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Intangible Assets and Goodwill | 3 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Goodwill | Note 9 – Intangible Assets and Goodwill 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, |
|  | (years) |  |  | 2022 |  |  | Amortization |  |  | 2023 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trade Name (HGP) |  |  | 1.8 |  |  | $ | 257 |  |  | $ | (32 | ) |  | $ | 225 |
Trade Name (ALT) |  |  | 18.4 |  |  |  | 607 |  |  |  | (8 | ) |  |  | 599 |
Vendor Relationship (ALT) |  |  | 2.4 |  |  |  | 843 |  |  |  | (58 | ) |  |  | 785 |
Total amortized intangible assets |  |  |  |  |  | 1,707 |  |  |  | (98 | ) |  |  | 1,609 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trade Name (NLEX) |  | N/A |  |  |  | 2,437 |  |  |  | — |  |  |  | 2,437 |
Total intangible assets |  |  |  |  | $ | 4,144 |  |  | $ | (98 | ) |  | $ | 4,046 |
Amortization expense during the three months ended March 31, 2023 and 2022 was $0.1 million. T he Company estimates that the residual value for intangible assets is no t significant. As of March 31, 2023, 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):
2023 (remainder of year from April 1, 2023 to December 31, 2023) |  | $ | 293 |
2024 |  |  | 391 |
2025 |  |  | 263 |
2026 |  |  | 186 |
2027 |  |  | 32 |
Thereafter |  |  | 444 |
Total estimated amortization expense |  | $ | 1,609 |
Goodwill The Company’s goodwill relates to its acquisition of various entities. Goodwill consists of the following at March 31, 2023 and December 31, 2022 (in thousands):
|  | March 31, 2023 |  |  | December 31, 2022 |
ALT |  | $ | 1,861 |  |  | $ | 1,861 |
HGP |  |  | 2,041 |  |  |  | 2,041 |
NLEX |  |  | 3,544 |  |  |  | 3,544 |
Total goodwill |  | $ | 7,446 |  |  | $ | 7,446 |
There were no additions to goodwill and no impairments recorded to the carrying value of goodwill during the three months ended March 31, 2023.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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