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Note 6 - Intangible Assets and Goodwill
3 Months Ended
Mar. 31, 2024
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

6.          INTANGIBLE ASSETS AND GOODWILL

 

Intangible Assets, net

 

Intangible assets, net consisted of the following:

 

   

March 31,

2024

   

December 31,

2023

 

Amortizable intangible assets:

               

Patents

  $ 931     $ 873  

Trademarks

    256       248  

Purchased software and technology

    1,752       1,752  

Customer Relationships

    160       160  
    $ 3,099     $ 3,033  

Accumulated amortization

    (912 )     (806

)

Total amortizable

  $ 2,187     $ 2,227  

Indefinite life assets (non-amortizable)

    421       421  

Total intangible assets, net

  $ 2,608     $ 2,648  

 

Amortization expense was $107 and $82 for the three months ended March 31, 2024 and 2023, respectively.

 

As of March 31, 2024, future amortization expense is as follows:

 

2024 (9 months)

  $ 320  

2025

    422  

2026

    335  

2027

    185  

2028

    185  

Thereafter

    740  

Total estimated amortization expense

  $ 2,187  

 

Goodwill

 

There has been no change to the value of goodwill from December 31, 2023 through the period ended March 31, 2024.