INTANGIBLES

12 Months Ended

Dec. 31, 2023

INTANGIBLES [Abstract]

INTANGIBLES

4. INTANGIBLES

Intangible assets consist of the following:

	Dollars in Thousands
	December 31, 2023
			Accumulated		Net Book
	Cost		Amortization		Value
Technology	$	18,990	$	6,172	$	12,818

	Dollars in Thousands
	December 31, 2022
			Accumulated		Net Book
	Cost		Amortization		Value
Technology	$	18,990	$	5,222	$	13,768

	Estimated Useful Life
Technology	20	years

Amortization expense for intangible assets was $1.0 million during the years ended December 31, 2023 and 2022, respectively. Amortization expense for intangible assets is expected to be $1.0 million for each of the years ending December 31, 2024, 2025, 2026, 2027 and 2028, respectively.