Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Breakdown of Identifiable Intangible Assets

The following provides a breakdown of identifiable intangible assets as of December 31, 2023 and 2022 ($ in thousands):

 

    December 31,     December 31,  
    2023     2022  
Product/Technology Related                
Identifiable intangible assets, gross   $ 325     $ 31  
Accumulated amortization     (98 )     (26 )
Product/technology related identifiable intangible assets, net     227       5  
Marketing Related                
Customer related intangible asset, gross     17       17  
Tradename related intangible asset, gross     113       7  
Accumulated amortization     (31 )     (9 )
Marketing related identifiable intangible assets, net     99       15  
Total identifiable intangible assets, net   $ 326     $ 20  
Schedule of Estimated Annual Amortization Expense

As of December 31, 2023, the estimated annual amortization expense for each of the next five fiscal years is as follows ($ in thousands):

 

         
2024   $ 119  
2025     126  
2026     63  
2027     13  
2028     2  
Thereafter     3  
Total   $ 326