Note 4 - Intangible Assets, Net

9 Months Ended

Sep. 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  September 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
	September 30, 2024							December 31, 2023
	(in thousands)
Technology and software	$	8,962	$	(3,091	)	$	5,871	$	7,976	$	(1,758	)	$	6,218
Customer related assets		4,601		(980	)		3,621		4,546		(640	)		3,906
Content		869		(652	)		217		843		(421	)		422
Total	$	14,432	$	(4,723	)	$	9,709	$	13,365	$	(2,819	)	$	10,546

Amortization expense for intangible assets was $0.7 million and $1.9 million for the three and nine months ended September 30, 2024, and $0.6 million and $1.6 million for the three and nine months ended  September 30, 2023, respectively.

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

Year Ending December 31:
	(in thousands)
2024 (three months)	$	654
2025		2,300
2026		1,801
2027		1,405
2028		1,013
Thereafter		2,536
Total intangible assets subject to amortization	$	9,709