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Note 8 - Other Intangible Assets
9 Months Ended
Sep. 30, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

8.

Other Intangible Assets

 ​

The following is a summary of the Company’s other intangible assets:

 ​

  

Gross

  

Less

  

Net

 
  

Carrying

  

Accumulated

  

Carrying

 
  

Amount

  

Amortization

  

Amount

 

September 30, 2025

            

Indefinite-lived intangibles:

            

Trademark and tradenames

 $77,600  $-  $77,600 

Amortizable intangibles:

            

Dealer network

  80,000   80,000   - 

Customer relationships

  80,920   51,754   29,166 

Patents

  21,136   20,113   1,023 

Noncompete agreements

  8,640   8,640   - 

Trademarks

  5,459   4,348   1,111 

Amortizable intangibles, net

  196,155   164,855   31,300 

Total

 $273,755  $164,855  $108,900 

 

  

Gross

  

Less

  

Net

 
  

Carrying

  

Accumulated

  

Carrying

 
  

Amount

  

Amortization

  

Amount

 

December 31, 2024

            

Indefinite-lived intangibles:

            

Trademark and tradenames

 $77,600  $-  $77,600 

Amortizable intangibles:

            

Dealer network

  80,000   80,000   - 

Customer relationships

  80,920   47,876   33,044 

Patents

  21,136   19,506   1,630 

Noncompete agreements

  8,640   8,640   - 

Trademarks

  5,459   4,183   1,276 

Amortizable intangibles, net

  196,155   160,205   35,950 

Total

 $273,755  $160,205  $113,550 

 ​

Amortization expense for intangible assets was $1,550 and $1,630 for the three months ended September 30, 2025 and 2024, respectively. Amortization expense for intangible assets was $4,650 and $5,890 for the nine months ended September 30, 2025 and 2024, respectively. Estimated amortization expense for the remainder of 2025 and each of the succeeding five years is as follows:

 ​

2025

 $1,425 

2026

  5,450 

2027

  5,450 

2028

  5,450 

2029

  5,300 

2030

  4,566