INTANGIBLE ASSETS

12 Months Ended

Dec. 31, 2021

INTANGIBLE ASSETS

INTANGIBLE ASSETS

NOTE 6 – INTANGIBLE ASSETS

Intangible assets consisted of the following as of December 31, 2020 and December 31, 2021:

														(in thousands)
						December 31, 2020												December 31, 2021
		Estimated Useful Life in Years				Gross Carrying Amount				Accumulated Amortization				Net Carrying Value				Gross Carrying Amount				Accumulated Amortization				Net Carrying Value

Amortizing Intangible Assets:
Non Compete			2				62				(37	)			25				62			$	(62	)			-

Total Intangible Assets, net							62				(37	)			25				62				(62	)			-

Amortization expense for the twelve months ended December 31, 2021 was $24,740.