Quarterly report [Sections 13 or 15(d)]

Intangible Assets (Tables)

v3.25.1
Intangible Assets (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Breakdown of Identifiable Intangible Assets

The following provides a breakdown of identifiable intangible assets as of March 31, 2025 and December 31, 2024 ($ in thousands):

  

    March 31,     December 31,  
    2025     2024  
Product/Technology Related                
Identifiable intangible assets, gross   $ 325     $ 325  
Accumulated amortization     (216 )     (191 )
Product/technology related identifiable intangible assets, net     109       134  
Marketing Related                
Customer related intangible asset, gross     17       17  
Tradename related intangible asset, gross     113       113  
Trademark related intangibles     600       600  
Accumulated amortization     (64 )     (57 )
Marketing related identifiable intangible assets, net     666       673  
Total identifiable intangible assets, net   $ 775     $ 807  
Schedule of Estimated Annual Amortization Expense

As of March 31, 2025, the estimated annual amortization expense for each of the next five fiscal years is as follows ($ in thousands):

  

         
2025 (remainder of year)   $ 93  
2026     64  
2027     13  
2028     2  
2029     2  
Thereafter     1  
Subtotal     175  
Indefinite lived intangible assets (subject to impairment analysis)     600  
Total   $ 775