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Goodwill
 6 Months Ended
Jun. 30, 2022
Goodwill Disclosure [Abstract]  
Goodwill

9. GOODWILL

Goodwill was $7.0 million as of June 30, 2022 and December 31, 2021, of which $6.6 million and $0.4 million was allocated to our Network Solutions and Services & Support reportable segments, respectively.

Goodwill represents the excess purchase price over the fair value of net assets acquired. We qualitatively assess the carrying value of goodwill each reporting period for events or circumstance changes that would more likely than not reduce the fair value of the reporting unit below its carrying amount. Based on our assessment of certain qualitative factors such as macro-economic conditions, industry and market considerations, costs factors and overall financial performance, management concluded that no such events or circumstance changes were identified that would suggest that the fair value of the goodwill was more likely than not greater than its carrying amount as of June 30, 2022. No impairment of goodwill was recorded during the three and six months ended June 30, 2022 and 2021.