General form of registration statement for all companies including face-amount certificate companies

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Schedule of Property, Plant and Equipment, Declining-Balance Method, Annual Depreciation Rates Property and equipment are recorded at cost and are depreciated over their estimated useful lives using the declining-balance method at the following annual rates:
Computer hardware and software 30  %
Networking equipment 20  %
Furniture and fixtures 20  %
Schedule of Finite-Lived Intangible Assets, Useful Lives
Identifiable intangible assets comprise assets that have a definite life amortized on a straight-line basis over their estimated useful lives as follows:
Customer relationships
10-13 years
Technology
5-9 years
Carrier contracts 10 years
Trademarks
9-10 years
Internally developed computer software
3-5 years
Schedule of Changes to Financial Statements for Adoption of Accounting Pronouncements
The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASC 842 were as follows:
(In thousands, USD) At December 31, 2021 Adjustments due to ASC 842 At January 1
2022
Operating lease right-of-use assets $ —  $ 9,278  $ 9,278 
Current portion of operating lease liabilities $ —  $ 2,121  $ 2,121 
Non-current portion of operating lease liabilities $ —  $ 7,483  $ 7,483 
Current portion of capital lease liabilities included in Accrued liabilities $ 191  $ (191) $ — 
Current portion of finance lease liabilities included in Accrued liabilities $ —  $ 191  $ 191 
Non-current portion of capital lease liabilities included in Other long-term liabilities $ 264  $ (264) $ — 
Non-current portion of finance lease liabilities included in Other long-term liabilities $ —  $ 264  $ 264 
Accrued liabilities $ 22,353  $ (326) $ 22,027 
The cumulative after-tax effect of the changes made to our consolidated balance sheet for the adoption of ASU 2020-06 were as follows:
(In thousands, USD) At December 31, 2021 Adjustments due to ASU 2020-06 At January 1,
2022
Long-term debt and other borrowings, net $ 399,115  $ 15,163  $ 414,278 
Additional paid-in capital 413,315  (11,613) 401,702 
Deferred tax liabilities 37,925  (3,849) 34,076 
Accumulated deficit (142,337) 299  (142,038)