Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The following table summarizes the changes in the carrying amount of Goodwill for the nine months ended September 30, 2024 (in thousands):

	Amount
Beginning balance - January 1, 2024	$	—
Goodwill recognized in connection with XTI Merger - Note 5	12,398
Foreign currency translation adjustment	340
Ending balance - September 30, 2024	$	12,738

Schedule of Finite-Lived Intangible Assets

Intangible assets at September 30, 2024 and December 31, 2023 consisted of the following (in thousands):

	September 30, 2024
	Gross Amount		Accumulated Amortization		Net Carrying Amount		Remaining Weighted Average Useful Life
Patents	$	452	$	(176)	$	276	9.7
Trade Name/Trademarks	945		(103)		842		4.5
Proprietary Technology	3,012		(237)		2,775		6.5
Customer Relationships	721		(79)		642		4.5
In-Process R&D	243		—		243		3.0
Total	$	5,373	$	(595)	$	4,778
	December 31, 2023
	Gross Amount		Accumulated Amortization		Net Carrying Amount
Patents	$	413	$	(155)	$	258
Trade Name/Trademarks	8		—		8
Total	$	421	$	(155)	$	266

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

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

	Amount
December 31, 2024 (for 3 months)	$	198
December 31, 2025	873
December 31, 2026	873
December 31, 2027	873
December 31, 2028	792
December 31, 2029 and thereafter	1,169
Total	$	4,778