XML 168 R35.htm IDEA: XBRL DOCUMENT v3.25.0.1
Intangible Assets (Tables)
9 Months Ended 12 Months Ended
Sep. 30, 2024
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]    
Schedule of Intangible Assets

Intangible assets consist of the following as of September 30, 2024:

 

(Dollars in thousands)  Intangible Assets   Accumulated
Amortization
   Total 
             
Strategic pipeline contract  $46,885   $27,349   $19,536 
Assembled workforce   500    292    208 
Patents   259    17    242 
Total  $47,644   $27,658   $19,986 

 

 

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, 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  2024 
2024 (remainder of the year)  $2,372 
2025   9,490 
2026   7,910 
2027   12 
2028   12 
Thereafter   190 
Total  $19,986 

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