8. INTANGIBLES AND GOODWILL

Goodwill

​

As a result of the acquisitions discussed in Note 7, the Company has goodwill of $4.4 million and $2.9 million as of December 31, 2021 and 2020, respectively.

​

Intangibles

​

Identified intangible assets consisted of the following (stated in thousands):

​

​

Amortization expense was $466 thousand and $472 thousand for the years ended December 31, 2021 and 2020, respectively.

As of December 31, 2021, the estimated future amortization expense of finite-lived intangible assets was as follows (stated in thousands):

​

​