Annual report pursuant to Section 13 and 15(d)

Goodwill

v3.22.1
Goodwill
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill

4. Goodwill

 

At December 31, 2021 and 2020, the Company had goodwill of $19,092,000. The Company performs an annual impairment test on November 30th to determine the fair value of its reporting unit, measured by the Company’s Nasdaq market capitalization and an income approach analysis. Based on management’s impairment test at November 30, 2021, there was no impairment of goodwill.