Note 5 - Intangible Assets, Net

6 Months Ended

Jun. 30, 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  June 30, 2026 and  December 31, 2025 is presented below:

	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
	June 30, 2026							December 31, 2025
	(in thousands)
Technology and software	$	15,649	$	(7,424	)	$	8,225	$	14,911	$	(6,120	)	$	8,791
Customer related assets		4,734		(1,846	)		2,888		4,890		(1,629	)		3,261
Total	$	20,383	$	(9,270	)	$	11,113	$	19,801	$	(7,749	)	$	12,052

Amortization expense for intangible assets was $0.8 million and $1.7 million for the three and six months ended June 30, 2026, and $0.9 million and $1.6 million for the three and six months ended  June 30, 2025, respectively.

As of June 30, 2026, estimated future amortization expense for intangible assets, net is as follows:

Year Ending December 31:
	(in thousands)
2026 (six months)	$	1,650
2027		2,922
2028		2,382
2029		1,700
2030		1,388
Thereafter		1,071
Total intangible assets subject to amortization	$	11,113