Quarterly report pursuant to Section 13 or 15(d)

Goodwill & Intangible Assets

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Goodwill & Intangible Assets
 6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill & Intangible Assets Goodwill & Intangible Assets
Changes in the carrying amount of goodwill as of June 30, 2022 and December 31, 2021 are as follows:
Goodwill
Balance at December 31, 2021 $ 1,835 
Acquired goodwill 4,398 
Balance at June 30, 2022 $ 6,233 
The Company has no accumulated impairment losses on goodwill during the three and six months ended June 30, 2022 and 2021.
Intangible assets consisted of the following as of June 30, 2022:
Gross carrying amount Accumulated amortization Intangible assets, net Weighted average amortization period (in years)
Customer relationships $ 2,964  $ (48) $ 2,916  10
Trade name 887  (15) 872  10
Acquired software platform 910  (15) 895  10
Customer lists 190  (11) 179  3
Trademark 100  (2) 98  10
Noncompete agreement 52  (4) 48  2
Favorable operating lease 699  (29) 670  4
Unfavorable operating lease (21) 1  (20) 4
Total intangible assets, net $ 5,781  $ (123) $ 5,658 
The Company recognized $123 of amortization expense during the three and six months ended June 30, 2022. There was no amortization expense recorded during the three and six months ended June 30, 2021. The Company estimates the future aggregate amortization expense related to its intangible assets as of June 30, 2022 will be as follows:
Amortization expense
Remainder of 2022 $ 372 
2023 745 
2024 727 
2025 677 
2026 543 
Thereafter 2,594 
Total $ 5,658