Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.22.2
Intangible Assets (Tables)
 6 Months Ended
Jun. 30, 2022
Intangible Assets, Gross (Excluding Goodwill) [Abstract]  
Schedule of Indefinite-Lived Intangible Assets
The following table presents information about the Company's intangible assets as of:
June 30, 2022 December 31, 2021
Estimated Useful Life
Gross
Carrying
Amount
Accumulated
Amortization

 
Net
Gross
Carrying
Amount

Accumulated
Amortization

Net
Exclusive rights to Helijet’s scheduled passenger routes in Canada
5 years
 $ 12,705  $ (1,482) $ 11,223  $ 12,357  $ (206) $ 12,151 
Customer list
5-10 years
 11,542  (1,582) 9,960  11,542  (957) 10,585 
Domain name Indefinite $ 504  —  504  504  —  504 
Trademarks
6-10 years
 $ 1,006  (134) 872  1,006  (51) 955 
Developed technology
3 years
 $ 250  (66) 184  250  (24) 226 
Total $ 26,007  $ (3,264) $ 22,743  $ 25,659  $ (1,238) $ 24,421 
Schedule of Finite-Lived Intangible Assets
The following table presents information about the Company's intangible assets as of:
June 30, 2022 December 31, 2021
Estimated Useful Life
Gross
Carrying
Amount
Accumulated
Amortization

 
Net
Gross
Carrying
Amount

Accumulated
Amortization

Net
Exclusive rights to Helijet’s scheduled passenger routes in Canada
5 years
 $ 12,705  $ (1,482) $ 11,223  $ 12,357  $ (206) $ 12,151 
Customer list
5-10 years
 11,542  (1,582) 9,960  11,542  (957) 10,585 
Domain name Indefinite $ 504  —  504  504  —  504 
Trademarks
6-10 years
 $ 1,006  (134) 872  1,006  (51) 955 
Developed technology
3 years
 $ 250  (66) 184  250  (24) 226 
Total $ 26,007  $ (3,264) $ 22,743  $ 25,659  $ (1,238) $ 24,421 
Schedule of Estimated Amortization Expense
As of June 30, 2022, the estimated amortization expense of its finite-lived intangible assets for each of the next five years are as follows:

For the Year Ended December 31,
2022 (balance of the year) $ 2,020 
2023 3,956 
2024 3,827 
2025 3,768 
2026 3,578