Note 4 - Intangible Assets, Net

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

4. Intangible assets, net

Intangible assets consist of acquired intangible assets and self-developed software.

A summary of the balances of the Company’s intangible assets as of  June 30, 2024 and  December 31, 2023 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	June 30, 2024							December 31, 2023
	(in thousands)
Technology and software	$	8,552	$	(2,584	)	$	5,968	$	7,976	$	(1,758	)	$	6,218
Customer related assets		4,408		(841	)		3,567		4,546		(640	)		3,906
Content		821		(547	)		274		843		(421	)		422
Total	$	13,781	$	(3,972	)	$	9,809	$	13,365	$	(2,819	)	$	10,546

Amortization expense for intangible assets was $0.6 million and $1.2 million for the three and six months ended June 30, 2024, and $0.5 million and $1.0 million for the three and six months ended  June 30, 2023, respectively.

As of June 30, 2024, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2024 (six months)	$	1,259
2025		2,189
2026		1,697
2027		1,226
2028		986
Thereafter		2,452
Total intangible assets subject to amortization	$	9,809