Note 6 - Intangible Assets and Goodwill

9 Months Ended

Sep. 30, 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:

	As of September 30, 2024			As of December 31, 2023
Amortizable intangible assets:
Patents	$	982		$	873
Trademarks		263			248
Purchased software and technology		1,752			1,752
Customer Relationships		160			160
	$	3,157		$	3,033
Accumulated amortization		(1,139	)		(806	)
Total amortizable	$	2,018		$	2,227
Indefinite life assets (non-amortizable)		421			421
Total intangible assets, net	$	2,439		$	2,648

Amortization expense was $114 and $334 for the three and nine months ended September 30, 2024, respectively, and $150 and $317 for the three and nine months ended September 30, 2023, respectively.

As of September 30, 2024, future amortization expense is as follows:

2024 (3 months)	$	140
2025		447
2026		360
2027		210
2028		210
Thereafter		651
Total estimated amortization expense	$	2,018

Goodwill

During the three month period ended September 30, 2024, the Company recorded an increase of $29 to the goodwill associated with costs related to the August 2023 acquisition of Intrensic.