| Schedule of Reconciliation of Goodwill |
A reconciliation of the beginning and ending amounts of goodwill by operating segment for the periods ended September 30, 2026 and December 31, 2025 is as follows:
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended
September 30, 2026 |
|
|
Twelve Months Ended
December 31, 2025 |
|
|
|
(in thousands) |
|
Talent: |
|
|
|
|
|
|
Beginning balance |
|
$ |
5,393 |
|
|
$ |
5,393 |
|
Goodwill recorded |
|
— |
|
|
— |
|
Impairment |
|
— |
|
|
— |
|
Ending Balance |
|
$ |
5,393 |
|
|
$ |
5,393 |
|
|
|
|
|
|
|
|
|
|
|
|
Nine Months Ended
September 30, 2026 |
|
|
Twelve Months Ended
December 31, 2025 |
|
|
|
(in thousands) |
|
Data & AI: |
|
|
|
|
|
|
Beginning balance |
|
$ |
21,817 |
|
|
$ |
21,817 |
|
Goodwill recorded |
|
— |
|
|
— |
|
Impairment |
|
— |
|
|
— |
|
Ending Balance |
|
$ |
21,817 |
|
|
$ |
21,817 |
|
|
| Schedule of Components of Identifiable Intangible assets |
The Company is amortizing the identifiable intangible assets on a straight-line basis over estimated average lives ranging from 3 to 12 years. Identifiable intangible assets were comprised of the following as of September 30, 2026 and December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of September 30, 2026 |
|
(Amounts in thousands) |
|
Amortization
Period (In Years) |
|
|
Gross Carrying
Value |
|
|
Accumulative
Amortization |
|
|
Net Carrying
Value |
|
Talent: |
|
|
|
|
|
|
|
|
|
|
|
|
Client relationships |
|
|
12 |
|
|
$ |
5,119 |
|
|
$ |
4,817 |
|
|
$ |
302 |
|
Covenant-not-to-compete |
|
|
5 |
|
|
|
204 |
|
|
|
204 |
|
|
|
— |
|
Trade name |
|
|
3 |
|
|
|
159 |
|
|
|
159 |
|
|
|
— |
|
Data & AI: |
|
|
|
|
|
|
|
|
|
|
|
|
Client relationships |
|
|
12 |
|
|
|
22,521 |
|
|
|
16,988 |
|
|
|
5,533 |
|
Covenant-not-to-compete |
|
|
5 |
|
|
|
1,316 |
|
|
|
1,316 |
|
|
|
— |
|
Trade name |
|
|
5 |
|
|
|
1,801 |
|
|
|
1,801 |
|
|
|
— |
|
Technology |
|
|
7 |
|
|
|
1,979 |
|
|
|
1,869 |
|
|
|
110 |
|
Total Intangible Assets |
|
|
|
|
$ |
33,099 |
|
|
$ |
27,154 |
|
|
$ |
5,945 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
As of December 31, 2025 |
|
(Amounts in thousands) |
|
Amortization
Period (In Years) |
|
|
Gross Carrying
Value |
|
|
Accumulative
Amortization |
|
|
Net Carrying
Value |
|
Talent: |
|
|
|
|
|
|
|
|
|
|
|
|
Client relationships |
|
|
12 |
|
|
$ |
5,119 |
|
|
$ |
4,497 |
|
|
$ |
622 |
|
Covenant-not-to-compete |
|
|
5 |
|
|
|
204 |
|
|
|
204 |
|
|
|
— |
|
Trade name |
|
|
3 |
|
|
|
159 |
|
|
|
159 |
|
|
|
— |
|
Data & AI: |
|
|
|
|
|
|
|
|
|
|
|
|
Client relationships |
|
|
12 |
|
|
|
22,521 |
|
|
|
15,580 |
|
|
|
6,941 |
|
Covenant-not-to-compete |
|
|
5 |
|
|
|
1,316 |
|
|
|
1,316 |
|
|
|
— |
|
Trade name |
|
|
5 |
|
|
|
1,801 |
|
|
|
1,801 |
|
|
|
— |
|
Technology |
|
|
7 |
|
|
|
1,979 |
|
|
|
1,787 |
|
|
|
192 |
|
Total Intangible Assets |
|
|
|
|
$ |
33,099 |
|
|
$ |
25,344 |
|
|
$ |
7,755 |
|
|
| Schedule of Estimated Amortization Expense |
The estimated aggregate amortization expense for intangible assets for the years ending December 31, 2026 through 2030 is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Years Ended December 31, |
|
|
|
2026 |
|
|
2027 |
|
|
2028 |
|
|
2029 |
|
|
2030 |
|
|
|
(Amounts in thousands) |
|
Amortization expense |
|
$ |
2,413 |
|
|
$ |
2,025 |
|
|
$ |
1,637 |
|
|
$ |
1,000 |
|
|
$ |
248 |
|
|