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Intangible Assets, net
 3 Months Ended
Mar. 31, 2025
Intangible Assets, net [Abstract]  
Intangible Assets, net
Note 6
Intangible Assets, net:
 
Intangible assets consist of the following (in thousands):
 
March 31, 2025
 
Gross Carrying
Value
    
Accumulated
Amortization
    
Net Book Value
  
Core technology
  
$
5,700
    
$
(5,557
)
  
$
143
  
Product technology
    
4,808
      
(4,013
)
    
795
  
Customer relationships
    
6,900
      
(6,728
)
    
172
  
Tradenames
    
1,500
      
(1,463
)
    
37
  
Pharos customer lists
    
5,314
      
(1,605
)
    
3,709
  
   
$
24,222
    
$
(19,366
)
  
$
4,856
  

December 31, 2024
  
Gross Carrying
Value
    
Accumulated
Amortization
    
Net Book Value
  
Core technology
  
$
5,700
    
$
(5,415
)
  
$
285
  
Product technology
    
4,808
      
(3,984
)
    
824
  
Customer relationships
    
6,900
      
(6,555
)
    
345
  
Tradenames
    
1,500
      
(1,425
)
    
75
  
Pharos customer lists
    
5,314
      
(1,495
)
    
3,819
  

 
$
24,222
    
$
(18,874
)
  
$
5,348
  

The Company recorded amortization expense of $0.5 million during each of the three months ended March 31, 2025 and 2024.
 
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, 2025 or 2024.

The following table summarizes the estimated future amortization expense for the above intangible assets for the next five years (in thousands):
 
2025 (remaining)
  
$
774
  
2026
   $
561
  
2027
   $
561
  
2028
   $
561
  
2029
   $
561