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GOODWILL
3 Months Ended
Mar. 31, 2023
Disclosure Goodwill Abstract  
GOODWILL

10. GOODWILL

 

The following table summarizes the changes in the Company’s goodwill for the three months ended March 31, 2023:

     
   Goodwill 
Balance as of January 1, 2023  $27,902,000 
Acquisition of BMI   17,000 
Effect of exchange rate changes   (106,000)
Balance as of March 31, 2023  $27,813,000