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GOODWILL AND INTANGIBLE ASSETS
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS

NOTE 5 - GOODWILL AND INTANGIBLE ASSETS

 

Goodwill

 

Goodwill of $2.8 million as of December 31, 2023 and 2022, consist of the following acquisitions (in thousands):

  

Acquisitions  2023   2022 
         
BioModeling  $2,619   $2,619 
Empowered Dental   52    52 
Lyon Dental   172    172 
           
Total goodwill  $2,843   $2,843 

 

Intangible Assets

 

As of December 31, 2023 and 2022, identifiable intangible assets were as follows (in thousands):

  

   2023   2022 
         
Patents and developed technology  $2,302   $2,136 
Trade name   330    330 
Other   27    27 
           
Total intangible assets   2,659    2,493 
Less accumulated amortization   (2,239)   (2,191)
           
Net intangible assets  $420   $302 

 

Amortization expense of identifiable intangible assets was less than $0.1 million for the years ended December 31, 2023 and 2022. The estimated future amortization of identifiable intangible assets is as follows (in thousands):

 

As of December 31,    
     
2024   50 
2025   50 
2026   35 
2027   29 
2028   29 
Thereafter   227 
      
Total  $420