GOODWILL |
3 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 |
Dec. 31, 2024 |
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Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
GOODWILL | NOTE 12. GOODWILL
The Company tests goodwill for impairment annually on September 30 or more frequently if there are indicators that the carrying amount of goodwill exceeds its estimated fair value.
There was no impairment of goodwill during the three months ended March 31, 2025 and 2024.
The changes in the carrying amount of goodwill as of March 31, 2025 and December 31, 2024 are as follows:
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NOTE 12. GOODWILL
The Company tests goodwill for impairment annually on September 30 or more frequently if there are indicators that the carrying amount of the goodwill exceeds its estimated fair value.
As a result of the impairment test in 2023, the entire $6.1 million carrying value of goodwill was recognized as a non-cash impairment charge in 2023. There was impairment of goodwill during the year ended December 31, 2024 based on the annual impairment assessment for 2024.
The changes in the carrying amount of goodwill as of December 31, 2024 and December 31, 2023 are as follows:
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