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Note 8 - Intangible Assets
6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Goodwill and Intangible Assets Disclosure [Text Block]

8.

Intangible Assets

 

Intangible assets as of June 30, 2025 and December 31, 2024 consisted of the following:

 

                                           

December 31,

         
            Six Months ended June 30, 2025    

2024

         
   

Gross

Value

   

Less: Disposals

   

Less:

Accumulated

Currency

Translation

Adjustment

   

Less:

Accumulated Amortization

   

Net

Book

Value

   

Net Book

Value

   

Weighted

Average

Useful

Life

 

Developed technology

  $ 12,080     $ (600

)

  $ (1,608

)

  $ (9,872 )   $ -     $ 805     $ 15  

In-process research & development

    2,656       -       (1,006 )     -       1,650       1,650    

Indefinite

 

Patents

    1,000       -       (189 )     (800 )     11       35       16  

Total

  $ 15,736     $ (600

)

  $ (2,803

)

  $ (10,672 )   $ 1,661     $ 2,490       13  

 

The aggregate amortization expense related to intangible assets was $0.2 million for each of the three-month periods ended June 30, 2025 and 2024, respectively and $0.4 million and $0.3 million for the six-month periods ended June 30, 2025 and 2024, respectively. During the three-month period ended June 30, 2025, the Company sold a developed technology intangible asset for $0.6 million which resulted in a gain of $0.1 million.

 

As of June 30, 2025 scheduled amortization of intangible assets is as follows:

 

Remainder of 2025

  $ 11  

Total

  $ 11