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Intangible Assets, net
3 Months Ended
Mar. 31, 2024
Intangible Assets, net [Abstract]  
Intangible Assets, net
Note 6
Intangible Assets, net:
 
Intangible assets consist of the following:
 
March 31, 2024
 
Balance
   
Accumulated
Amortization
   
Net Book
Value
 
Core technology
 
$
5,700
   
$
(4,988
)
 
$
712
 
Product technology
   
4,808
     
(3,896
)
   
912
 
Customer relationships
   
6,900
     
(6,038
)
   
862
 
Tradenames
   
1,500
     
(1,313
)
   
187
 
Pharos customer lists
   
5,314
     
(1,162
)
   
4,152
 
   
$
24,222
   
$
(17,397
)
 
$
6,825
 
                         
December 31, 2023
                       
Core technology
 
$
5,700
   
$
(4,845
)
 
$
855
 
Product technology
   
4,808
     
(3,866
)
   
942
 
Customer relationships
   
6,900
     
(5,865
)
   
1,035
 
Tradenames
   
1,500
     
(1,275
)
   
225
 
Pharos customer lists
   
5,314
     
(1,052
)
   
4,262
 

 
$
24,222
   
$
(16,903
)
 
$
7,319
 

The Company recorded amortization expense of $494 and $720 during the three months ended March 31, 2024 and 2023, respectively.
 
Finite-lived intangible assets are tested for impairment when events or changes in circumstances indicate that the carrying value of the asset group may not be recoverable. The Company recognizes an impairment loss when and to the extent that the recoverable amount of an asset group is less than its carrying value. There were no impairment charges for the three months ended March 31, 2024 or 2023.

The following table summarizes the estimated future amortization expense for the above intangible assets for the next five years:
 
Remaining 2024
 

1,477
 
2025
   
1,266
 
2026
   
561
 
2027
   
561
 
2028
   
561