Note 5 - Intangible Assets, Net

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

5. Intangible Assets, net

Intangible assets consist of acquired intangible assets and internally-developed software. Amortization expense for intangible assets was $2.5 million, $2.1 million, and $1.4 million for the years ended December 31, 2024, 2023, and 2022, respectively.

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

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Useful Life
	December 31, 2024							December 31, 2023
	(in thousands)														(in years)
Technology and software, net		8,906		(3,446	)		5,460		7,976		(1,758	)		6,218		3.0-10.0
Customer related assets, net		4,329		(1,036	)		3,293		4,546		(640	)		3,906		3.0-10.0
Content, net		818		(682	)		136		843		(421	)		422		3.0
Total	$	14,053	$	(5,164	)	$	8,889	$	13,365	$	(2,819	)	$	10,546

As of  December 31, 2024, estimated future amortization expense for the intangible assets reflected above was as follows:

Year Ending December 31:
	(in thousands)
2025	$	2,279
2026		1,793
2027		1,293
2028		1,138
2029		696
Thereafter		1,690
Total intangible assets subject to amortization	$	8,889