General form of registration statement for all companies including face-amount certificate companies

GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.21.2
GOODWILL AND INTANGIBLE ASSETS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2020
GOODWILL AND INTANGIBLE ASSETS    
Schedule of Intangible assets

 

 

Definite Life Intangibles

 

 

Indefinite Life Intangibles

 

 

 

 

 

 

Branding

 

 

Technology/

 

 

Brands &

 

 

 

 

(in thousands)

 

Rights

 

 

Know How

 

 

Tradenames

 

 

Total

 

Costs

 

 

 

 

 

 

 

 

 

 

 

 

Balance—December 31, 2020

 

$ 250

 

 

$ 208

 

 

$ 408

 

 

$ 866

 

Business acquisition

 

 

-

 

 

 

3,050

 

 

 

37,299

 

 

 

40,349

 

Agreement termination

 

 

(250 )

 

 

-

 

 

 

-

 

 

 

(250 )

Balance—June 30, 2021

 

$ -

 

 

$ 3,258

 

 

$ 37,707

 

 

$ 40,965

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance—December 31, 2020

 

$ (93 )

 

$ (37 )

 

$ -

 

 

$ (130 )

Agreement termination

 

 

98

 

 

 

-

 

 

 

-

 

 

 

98

 

Amortization

 

 

(5 )

 

 

(9 )

 

 

-

 

 

 

(14 )

Other

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Balance—June 30, 2021

 

$ -

 

 

$ (46 )

 

$ -

 

 

$ (46 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Book Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

June 30, 2021

 

$ -

 

 

$ 3,212

 

 

$ 37,707

 

 

$ 40,919

 

Net Book Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

$ 157

 

 

$ 171

 

 

$ 408

 

 

$ 736

 

 

 

Definite Life Intangibles

 

 

Indefinite Life Intangibles

 

 

 

 

 

Branding

 

 

Customer

 

 

Technology/

 

 

Other

 

 

Brands &

 

 

 

(in thousands)

 

Rights

 

 

Relationships

 

 

KnowHow

 

 

Intangibles

 

 

Tradenames

 

 

Total

 

Costs

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance—December 31, 2019

 

$ 250

 

 

$ 40

 

 

$ 421

 

 

$ 40

 

 

$ 522

 

 

$ 1,273

 

Business acquisition

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

179

 

 

 

179

 

Purchase price adjustment

 

 

-

 

 

 

(40 )

 

 

(213 )

 

 

(40 )

 

 

(293 )

 

 

(586 )

Balance—December 31, 2020

 

$ 250

 

 

$ -

 

 

$ 208

 

 

$ -

 

 

$ 408

 

 

$ 866

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Amortization

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance—December 31, 2019

 

$ (76 )

 

$ (8 )

 

$ (28 )

 

$ (8 )

 

$ -

 

 

$ (120 )

Purchase price adjustment

 

 

-

 

 

 

12

 

 

 

30

 

 

 

12

 

 

 

-

 

 

 

54

 

Amortization

 

 

(17 )

 

 

(4 )

 

 

(39 )

 

 

(4 )

 

 

-

 

 

 

(64 )

Balance—December 31, 2020

 

$ (93 )

 

$ -

 

 

$ (37 )

 

$ -

 

 

$ -

 

 

$ (130 )

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Book Value

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2019

 

$ 174

 

 

$ 32

 

 

$ 393

 

 

$ 32

 

 

$ 522

 

 

$ 1,153

 

December 31, 2020

 

$ 157

 

 

$ -

 

 

$ 171

 

 

$ -

 

 

$ 408

 

 

$ 736

 

Schedule of Goodwill

(in thousands)

 

 

 

Costs

 

 

 

Balance - December 31, 2020

 

$ 357

 

Additions

 

 

-

 

Business Acquisitions

 

 

-

 

Impairment

 

 

-

 

Balance - June 30, 2021

 

$ 357

 

(in thousands)

 

 

 

Costs

 

 

 

Balance—December 31, 2019

 

$ 357

 

Additions

 

 

-

 

Business Acquisitions

 

 

-

 

Impairment

 

 

-

 

Balance—December 31, 2020

 

$ 357