Quarterly report pursuant to Section 13 or 15(d)

IMPAIRMENT OF GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.23.3
IMPAIRMENT OF GOODWILL AND INTANGIBLE ASSETS (Tables)
 9 Months Ended
Sep. 30, 2023
SCHEDULE OF GOODWILL  
SCHEDULE OF INTANGIBLE ASSETS

Changes in intangible assets during the nine months ended September 30, 2023 were as follows:

 

    December 31, 2022     Additions     Impairment     September 30, 2023  
Internal use software   $ 1,123     $ -     $ -     $ 1,123  
Capitalized engineering costs     237       -       -       237  
Trade name and patents     2,759       166       (13 )     2,912  
Customer relationships     21,398       1,925       (4,405 )     18,918  
Favorable leases     257       -       -       257  
Internally developed technology     5,031       175       (218 )     4,988  
Non-compete agreements     2,253       11       (507 )     1,757  
      33,058       2,277       (5,143 )     30,192  
Less: accumulated amortization     (6,912 )     (7,194 )     -       (14,106 )
Plus: foreign currency translation     436       755       -       1,191  
Intangible assets, net   $ 26,582     $ (4,162 )   $ (5,143 )   $ 17,277