Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

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Intangible Assets (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024 and December 31, 2023 ($ in thousands):

 

    March 31,     December 31,  
    2024     2023  
Product/Technology Related                
Identifiable intangible assets, gross   $ 325     $ 325  
Accumulated amortization     (118 )     (98 )
Product/technology related identifiable intangible assets, net     207       227  
Marketing Related                
Customer related intangible asset, gross     17       17  
Tradename related intangible asset, gross     113       113  
Accumulated amortization     (35 )     (31 )
Marketing related identifiable intangible assets, net     95       99  
Total identifiable intangible assets, net   $ 302     $ 326  
Schedule of Estimated Annual Amortization Expense

As of March 31, 2024, the estimated annual amortization expense for each of the next five fiscal years is as follows ($ in thousands):

 

         
2024 (remainder of the year)   $ 95  
2025     126  
2026     63  
2027     13  
2028     2  
Thereafter     3  
Total   $ 302