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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets

Intangible assets consist of the following as of December 31, 2023:

 

(Dollars in thousands)  Intangible Assets   Accumulated
Amortization
   Total 
             
Strategic pipeline contract  $46,885   $20,317   $26,568 
Assembled workforce   500    216    284 
Patents   165    10    155 
Total  $47,550   $20,543   $27,007 

 

Intangible assets consist of the following as of December 31, 2022:

 

(Dollars in thousands)  Intangible Assets   Accumulated
Amortization
   Total 
             
Strategic pipeline contract  $46,885   $10,940   $35,945 
Assembled workforce   500    117    383 
Patents   110    6    104 
Total  $47,495   $11,063   $36,432 
Schedule of Amortization Expense of Intangible Assets

The Company expects to record amortization expense of intangible assets over the next five years and thereafter as follows:

 

(Dollars in thousands)    
Year ending December 31,    
2024  $9,485 
2025   9,485 
2026   7,905 
2027   8 
2028   8 
Thereafter   116 
Total  $27,007