Quarterly report pursuant to Section 13 or 15(d)

7. GOODWILL AND INTANGIBLE ASSETS (Tables)

v3.21.1
7. GOODWILL AND INTANGIBLE ASSETS (Tables)
 3 Months Ended
Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill
    March 31,
(in thousands)   2021
Costs    
Balance   $ 357
Additions     -
Business acquisitions     -
Impairment     -
Balance   $ 357
Intangible assets
    Definite Life Intangibles     Indefinite Life Intangibles           
(in thousands)   Branding Rights     Technology/KnowHow     Brands & Tradenames     Total  
Costs                        
Balance—December 31, 2020   $ 250     $ 208     $ 408     $ 866  
   Business acquisition     -       -       36,362       36,362  
   Agreement termination     (250 )     -       -       (250 )
Balance—March 31, 2021   $ -     $ 208     $ 36,770     $ 36,978  
                                 
Accumulated Amortization                                
Balance—December 31, 2020   $ (93 )   $ (37 )   $ -     $ (130 )
   Agreement termination     98       -       -       98  
Amortization     (5 )     (4 )     -       (9 )
Balance—March 31, 2021   $ -     $ (41 )   $ -     $ (41 ) 
                                 
Net Book Value                                
March 31, 2021   $ -     $ 167     $ 36,957     $ 36,937  
                                 
Net Book Value                                
December 31, 2020    $   157     $   171     $   408     $   736