Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets [Abstract]

Schedule of Goodwill

The following table summarizes the changes in the carrying amount of Goodwill for the year ended December 31, 2024 (in thousands):

	Amount
Beginning balance - January 1, 2024	$	—
Goodwill recognized in connection with XTI Merger - Note 5		12,398
Foreign currency translation adjustment		(326	)
Ending balance – December 31, 2024	$	12,072

Schedule of Intangible Assets

Intangible assets at December 31, 2024 and 2023 consisted of the following (in thousands):

	December 31, 2024
	Gross Amount		Accumulated Amortization			Impairment			Net Carrying Amount		Remaining Weighted Average Useful Life as of December 31, 2024
Patents	$	468	$	(184	)	$	—		$	284		9.8
Trade Name/Trademarks		897		(142	)		(451	)		304		6.1
Proprietary Technology		2,860		(326	)		(1,583	)		951		5.6
Customer Relationships		684		(109	)		(473	)		102		4.2
In-Process R&D		243		—			—			243		3.0
Totals	$	5,152	$	(761	)	$	(2,507	)	$	1,884

Schedule of Intangible Assets Future Amortization

Future amortization expense on intangibles assets is anticipated to be as follows (in thousands):

For the Years Ending December 31,	Amount
2025	$	361
2026		361
2027		361
2028		280
2029 and thereafter		521
Total	$	1,884