Intangible Assets, net (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets

Intangible assets consist of the following as of March 31, 2025:

(Dollars in thousands)	Intangible Assets		Accumulated Amortization		Total
Strategic pipeline contract	$	46,885	$	32,038	$	14,847
Assembled workforce		500		342		158
Patents		311		24		287
Total	$	47,696	$	32,404	$	15,292

Intangible assets consist of the following as of December 31, 2024:

(Dollars in thousands)	Intangible Assets		Accumulated Amortization		Total
Strategic pipeline contract	$	46,885	$	29,694	$	17,191
Assembled workforce		500		317		183
Patents		266		20		246
Total	$	47,651	$	30,031	$	17,620

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	2025
2025 (remainder of the year)	$	7,119
2026		7,912
2027		15
2028		15
2029		15
Thereafter		216
Total	$	15,292