Other Assets

3 Months Ended

Mar. 31, 2024

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Assets

9. Other Assets

Other assets consisted of the following:

(Dollars in thousands)	March 31, 2024			December 31, 2023
Product branding	$	396		$	396
Deposits		248			240
Future proceeds related to installment sales of equipment		179			276
Total other assets		823			912
Less accumulated amortization		(358	)		(344	)
Other assets, net	$	465		$	568

As of March 31, 2024, the Company had $0.4 million of capitalized costs related to services provided for the rebranding of its existing product line. This amount is being amortized over a seven-year life.

Amortization expense totaled $13,750 and $14,286 for the three months ended March 31, 2024 and 2023, respectively.

The deposits represent office lease deposits.