Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible assets as of the periods indicated consisted of the following:


		As of December 31,
(In thousands, except years)	Weighted Average Life (Years)	2024		2023

Healthspan Research LLC Acquisition	10	$	1,346	$	1,346
License agreements and other	9	1,013		1,013
Less: Accumulated amortization		(2,000)		(1,849)
Intangible assets, net		$	359	$	510

During the years ended December 31, 2024 and 2023, amortization expense was approximately $151,000 and $158,000, respectively. During the year ended December 31, 2023, the Company identified intangible assets which were impaired due to the cessation of use of certain intellectual properties, resulting in an impairment charge of $3,000 and the removal of the intangible balances from the gross asset and accumulated amortization amounts approximating $630,000 and $627,000, respectively.

Estimated amortization expense for each of the years ended December 31 is as follows:


(In thousands)
Year	Amount
2025	$	151
2026	151
2027	42
2028	12
2029	2
Thereafter	1
	$	359