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Intangible Assets and Goodwill
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Goodwill

10. Intangible Assets and Goodwill

The Company’s intangible assets and goodwill consisted of (in thousands):

 

 

 

 

 

 

 

 

 

March 31,

 

 

December 31,

 

 

 

2025

 

 

2024

 

Tradename

 

$

11,268

 

 

$

11,268

 

Customer list

 

 

21,114

 

 

 

21,114

 

Non-compete

 

 

1,667

 

 

 

1,667

 

Patents

 

 

2,272

 

 

 

2,272

 

Subtotal

 

 

36,321

 

 

 

36,321

 

Less: Accumulated amortization

 

 

16,556

 

 

 

15,918

 

Translation adjustments

 

 

(75

)

 

 

(80

)

Intangible assets

 

$

19,690

 

 

$

20,323

 

Goodwill

 

$

9,908

 

 

$

9,908

 

Total:

 

$

29,598

 

 

$

30,231

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The useful lives of the identifiable intangible assets range from 5 years to 15 years.