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Intangible Assets, net
3 Months Ended
Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net

Note 7 — Intangible Assets, net

 

Intangible assets, less accumulated amortization, consisted of the following as of:

  

   Estimated Useful Life   March 31, 2024   December 31, 2023 
Defensive asset   60 months   $2,105   $2,105 
Laboratory licenses and certifications and laboratory information management software   24 months    3,200    3,200 
Other   1 year    70    70 
Total Intangible assets        5,375    5,375 
Less Accumulated Amortization        (4,323)   (3,951)
Intangible Assets, net       $1,052   $1,424 

 

Amortization expense of the intangible assets discussed above was $372 and $505 for the three month periods ended March 31, 2024 and 2023, respectively, and is included in amortization of acquired intangible assets in the accompanying unaudited condensed consolidated statements of operations. As of March 31, 2024, the estimated future amortization expense associated with the Company’s finite-lived intangible assets for each of the five succeeding fiscal years is as follows:

  Schedule of Estimated Amortization Expense for Intangible Assets 

      
2024 (remainder of year)  $316 
2025   421 
2026   315 
Total  $1,052