Annual report pursuant to Section 13 and 15(d)

Goodwill and Acquired Intangible Assets (Tables)

v3.22.1
Goodwill and Acquired Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes In Goodwill

Changes in goodwill for Fiscal 2021 are as follows (in thousands):

 

    Amount  
Goodwill, beginning of Fiscal 2020   $ -  
Acquisition of CPM     901  
Goodwill, beginning of Fiscal 2021     901  
Adjustment for deferred tax liability     362  
Acquisition of Nebula     4,446  
Goodwill, end of Fiscal 2021   $ 5,709  

Schedule of Intangible Assets

Intangible assets as of December 31, 2021 and 2020 consisted of the following (in thousands):

 

    December 31,     December 31,     Estimated Useful  
    2021     2020     Life (in years)  
Trade names   $ 5,550     $ -       15  
Proprietary intellectual property     4,260       -       5  
Customer relationships     1,180       -       1  
CLIA license     1,307       1,307       3  
Total intangible assets, gross     12,297       1,307          
Less: accumulated amortization     (1,445 )     (73 )        
Total intangible assets, net   $ 10,852     $ 1,234          
Schedule Estimated Future Amortization Expense of Acquired Intangible Assets

 

         
Year ended December 31, 2022   $ 2,378  
Year ended December 31, 2023     1,585  
Year ended December 31, 2024     1,222  
Year ended December 31, 2025     1,222  
Year ended December 31, 2026     890  
Thereafter     3,555  
Total   $ 10,852