Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 2065

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 7
Chunk 2065
---

    $9,897  

Depreciation expense was $770, $826, and $708
during the years ended December 31, 2024, 2023, and 2022, respectively. Depreciation expense for continuing operations was $681, $692,
and $604 during the years ended December 31, 2024, 2023, and 2022, respectively.

Property and equipment for current and prior year continuing
and discontinued operations consisted of the following:

    December 31, 2024 
  
    Cost: 

    Continuing operations 
    $19,232 
  
    Discontinued operations 
     — 
  
    Total cost 
     19,232 

    Accumulated depreciation 

    Continuing operations 
     (11,685)
  
    Discontinued operations 
     — 
  
    Total accumulated depreciation 
     (11,685)

    Total property and equipment, net 
    $7,547 

    December 31, 2023 
  
    Cost: 

    Continuing operations 
    $18,756 
  
    Discontinued operations 
     2,898 
  
    Total cost 
     21,654 

    Accumulated depreciation 

    Continuing operations 
     (11,304)
  
    Discontinued operations 
     (453)
  
    Total accumulated depreciation 
     (11,757)

    Total property and equipment, net 
    $9,897 

81 

10.       Goodwill
and Other Intangibles

 Goodwill

The following table presents, on a consolidated basis, including
both continuing and discontinued operations, the carrying amount of the Company’s goodwill and related impairment by segment:

    Year Ended December 31, 

    2024  
    2023  
    2022 

    Non-
Standard 
Auto  
    Com-
mercial  
    Total  
    Non-
Standard 
Auto  
    Com-
mercial  
    Total  
    Non-
Standard 
Auto  
    Com-
mercial  
    Total 
  
    Goodwill, beginning of year 
    $2,628  
    $—  
    $2,628  
    $2,628  
    $6,756  
    $9,384  
    $2,628  
    $6,756  
    $9,384