Note 5 - Intangible Assets, Net

6 Months Ended

Jun. 30, 2025

Notes to Financial Statements

Intangible Assets Disclosure [Text Block]

5. 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, 2025 and  December 31, 2024 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	June 30, 2025							December 31, 2024
	(in thousands)
Technology and software	$	12,599	$	(4,793	)	$	7,806	$	8,906	$	(3,446	)	$	5,460
Customer related assets		5,144		(1,381	)		3,763		4,329		(1,036	)		3,293
Content		873		(873	)		—		818		(682	)		136
Total	$	18,616	$	(7,047	)	$	11,569	$	14,053	$	(5,164	)	$	8,889

Amortization expense for intangible assets was $0.9 million and $1.6 for the three and six months ended June 30, 2025, and $0.6 million and $1.2 million for the three and six months ended  June 30, 2024, respectively.

As of June 30, 2025, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2025 (six months)	$	1,554
2026		2,876
2027		2,358
2028		2,080
2029		909
Thereafter		1,792
Total intangible assets subject to amortization	$	11,569