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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2024
Intangible Assets  
Schedule of Identifiable Intangible Assets

The following tables set forth the Company’s intangible assets by classification (in thousands) as of:

    

June 30, 2024

    

    

Identifiable

    

Weighted-

Gross Carrying

Accumulated

Intangible

Average Useful Life

Amount

    

Amortization

    

Assets, net

    

(Years)

Patents

$

4,580

$

(1,912)

$

2,668

 

7.4

Defensive assets

 

4,900

 

(1,628)

 

3,272

 

8.4

Intangible assets

$

9,480

$

(3,540)

$

5,940

 

7.9

    

December 31, 2023

    

    

Identifiable

    

Weighted-

Gross Carrying

Accumulated

Intangible

Average Useful Life

Amount

Amortization

Assets, Net

(Years)

Patents

$

4,580

$

(1,621)

$

2,959

 

7.4

Defensive assets

 

4,900

 

(1,335)

 

3,565

 

8.4

Intangible assets

$

9,480

$

(2,956)

$

6,524

 

7.9

Schedule of Estimated Amortization of Identifiable Intangible Assets

The following table details the estimated amortization of identifiable intangible assets as of June 30, 2024 (in thousands):

Year Ending December 31, 

    

Patents

    

Defensive Assets

    

Total

2024 (remaining)

$

291

$

293

$

584

2025

 

582

 

586

 

1,168

2026

 

582

 

586

 

1,168

2027

 

582

 

586

 

1,168

2028

 

582

 

586

 

1,168

2029 and thereafter

 

49

 

635

 

684

Total intangible assets

$

2,668

$

3,272

$

5,940