XML 60 R44.htm IDEA: XBRL DOCUMENT v3.25.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets and Goodwill
The following table presents the changes in the gross carrying amount of goodwill and other indefinite lived intangible assets for the periods presented:
TotalPresented in non-current assets of discontinued operationsNet
GoodwillTradenamesGoodwillTradenamesGoodwillTradenames
Balance, January 1, 2022 1
$34,255 $35,997 $— $— $34,255 $35,997 
Foreign currency adjustments501—— — 501 — 
Acquisitions 2
7,292—— — 7,292 — 
Balance, December 31, 202242,04835,997— — 42,048 35,997 
Foreign currency adjustments885— — — 885 — 
Acquisitions 3
3,991— 1,996 — 1,995 — 
Balance, December 31, 202346,92435,997 1,996 — 44,928 35,997 
Measurement period adjustments(1,228)— (614)— (614)— 
Foreign currency adjustments(119)— 65 — (184)— 
Disposition of GEH Singapore
(1,447)—(1,447)———
Balance, December 31, 2024$44,130 $35,997 $— $— $44,130 $35,997 
1.Relates to goodwill and tradenames recognized by NetDragon in connection with its 2015 acquisition of Promethean World Limited.
2.Relates to goodwill recognized as a result of the 2022 acquisition of Explain Everything as discussed in Note 3 - Acquisitions and Disposition.
3.Relates to goodwill recognized as a result of the 2023 acquisition of GEH Singapore as discussed in Note 3 - Acquisitions and Disposition. In 2024, the Company completed the purchase price allocation and assigned goodwill equally to both the eLMTree and GEH Singapore reporting units.
Schedule of Finite-Lived Intangible Assets
The components of finite-lived intangible assets are as follows:
December 31, 2024
Gross Carrying AmountAccumulated AmortizationNet Book ValueWeighted Average Remaining Useful Life (Years)
Customer relationships$10,514 $(10,514)$— 0.00
Patent and developed technology37,312 (33,980)3,332 0.84
Tradenames 570 (394)176 0.92
Non-compete agreements54 (38)16 0.92
Total finite-lived intangible assets$48,450 $(44,926)$3,524 0.84
December 31, 2023
Gross Carrying AmountAccumulated AmortizationNet Book ValueWeighted Average Remaining Useful Life (Years)
Customer relationships$10,514 $(10,514)$— 0.00
Patent and developed technology37,323 (30,023)7,300 1.90
Tradenames576 (207)369 2.00
Non-compete agreements54 (20)34 2.00
Finite-lived intangible assets$48,467 $(40,764)$7,703 1.91
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table outlines the estimated future amortization expense related to intangible assets held as of December 31, 2024:
Year Ending December 31,
2025$3,524 
Total$3,524