Note 5 - Intangible Assets, Net

9 Months Ended

Sep. 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  September 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
	September 30, 2025							December 31, 2024
	(in thousands)
Technology and software	$	14,408	$	(5,419	)	$	8,989	$	8,906	$	(3,446	)	$	5,460
Customer related assets		4,836		(1,476	)		3,360		4,329		(1,036	)		3,293
Content		—		—			—		818		(682	)		136
Total	$	19,244	$	(6,895	)	$	12,349	$	14,053	$	(5,164	)	$	8,889

Amortization expense for intangible assets was $0.8 million and $2.4 for the three and nine months ended September 30, 2025, and $0.7 million and $1.9 million for the three and nine months ended  September 30, 2024, respectively.

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

Year Ending December 31:
	(in thousands)
2025 (three months)	$	807
2026		3,018
2027		2,500
2028		2,029
2029		1,482
Thereafter		2,513
Total intangible assets subject to amortization	$	12,349