Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.23.1
Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets The Company’s intangible assets subject to amortization consisted of the following:
($ in thousands)
March 31, 2023 December 31, 2022
Intangible assets acquired:
Trademark/trade name $ 10,800  $ 10,800 
Customer relationships 46,500  46,500 
Total intangible assets acquired 57,300  57,300 
Accumulated amortization:
Trademark/trade name (450) (180)
Customer relationships (1,937) (775)
Total accumulated amortization (2,387) (955)
Intangible assets — net $ 54,913  $ 56,345 
Schedule of Estimated Remaining Amortization Expense Estimated remaining amortization expense for each of the subsequent fiscal years is expected to be as follows:
($ in thousands)
Year Estimated future amortization expense
2023 $ 4,298 
2024 5,730 
2025 5,730 
2026 5,730 
2027 and beyond 33,425 
Total $ 54,913