Note 5 - Intangible Assets, Net

3 Months Ended

Mar. 31, 2026

Notes to Financial Statements

Intangible Asset [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  March 31, 2026 and  December 31, 2025 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	March 31, 2026							December 31, 2025
	(in thousands)
Technology and software	$	15,197	$	(6,759	)	$	8,438	$	14,911	$	(6,120	)	$	8,791
Customer related assets		4,814		(1,740	)		3,074		4,890		(1,629	)		3,261
Total	$	20,011	$	(8,499	)	$	11,512	$	19,801	$	(7,749	)	$	12,052

Amortization expense for intangible assets was $0.8 million for the three months ended March 31, 2026, and $0.8 million for the three months ended  March 31, 2025, respectively.

As of March 31, 2026, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2026 (nine months)	$	2,419
2027		2,760
2028		2,218
2029		1,630
2030		1,401
Thereafter		1,084
Total intangible assets subject to amortization	$	11,512