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Intangible Assets, net
 9 Months Ended
Sep. 30, 2024
Intangible Assets, net [Abstract]  
Intangible Assets, net
Note 6
Intangible Assets, net:
 
Intangible assets consist of the following:
 
September 30, 2024
 
Gross Carrying
Value
    
Accumulated
Amortization
    
Net Book
Value
  
Core technology
  
$
5,700
    
$
(5,272
)
  
$
428
  
Product technology
    
4,808
      
(3,954
)
    
854
  
Customer relationships
    
6,900
      
(6,383
)
    
517
  
Tradenames
    
1,500
      
(1,388
)
    
112
  
Pharos customer lists
    
5,314
      
(1,385
)
    
3,929
  
   
$
24,222
    
$
(18,382
)
  
$
5,840
  
                         
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 September 30, 2024 and 2023, respectively. The Company recorded amortization expense of $1,479 and $2,155 during the nine months ended September 30, 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 and nine months ended September 30, 2024 or 2023.

The following table summarizes the estimated future amortization expense for the above intangible assets for the next five years:
 
Remaining 2024
  
$
492
  
2025
   $
1,266
  
2026
   $
561
  
2027
   $
561
  
2028
   $
561