Blade Air Mobility, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Goodwill and Other Intangible Assets (Tables)

Goodwill and Other Intangible Assets (Tables)

12 Months Ended

Sep. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying value of goodwill are as follows:




Goodwill balance, September 30, 2020			$	—
Acquisitions(1)			13,271
Goodwill balance, September 30, 2021			$	13,271

__________

(1) Represents the goodwill associated with the Trinity acquisition. See Note 4 for additional information.

Schedule of Indefinite-Lived Intangible Assets

The following table presents information about the Company's intangible assets as of September 30:


									2021																		2020
			Estimated Useful Life						Gross Carrying Amount						Accumulated Amortization						Net						Gross Carrying Amount						Accumulated Amortization						Net
Customer list(1)			5-10 years						$	11,542					$	(645)					$	10,897					$	942					$	(414)					$	528
Domain name			Indefinite						504						—						504						—						—						—
Trademarks(1)			6-10 years						1,006						(9)						997						6						(1)						5
Developed technology(1)			3 years						250						(4)						246						—						—						—
Total									$	13,302					$	(658)					$	12,644					$	948					$	(415)					$	533

__________(1) Includes intangible assets acquired associated with the Trinity acquisition. See Note 4 for additional information.

Schedule of Finite-Lived Intangible Assets

The following table presents information about the Company's intangible assets as of September 30:


									2021																		2020
			Estimated Useful Life						Gross Carrying Amount						Accumulated Amortization						Net						Gross Carrying Amount						Accumulated Amortization						Net
Customer list(1)			5-10 years						$	11,542					$	(645)					$	10,897					$	942					$	(414)					$	528
Domain name			Indefinite						504						—						504						—						—						—
Trademarks(1)			6-10 years						1,006						(9)						997						6						(1)						5
Developed technology(1)			3 years						250						(4)						246						—						—						—
Total									$	13,302					$	(658)					$	12,644					$	948					$	(415)					$	533

__________(1) Includes intangible assets acquired associated with the Trinity acquisition. See Note 4 for additional information.

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of September 30, 2021, the estimated amortization expense of its finite-lived intangible assets for each of the next five years are as follows:


For the Year Ended September 30,
2022			$	1,499
2023			$	1,462
2024			$	1,309
2025			$	1,227
2026			$	1,227