SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Disaggregation of Revenue

License revenues were comprised of the following for the periods presented:

	Years Ended December 31,
	2022		2021
	(In thousands)
Paid-up license revenue agreements	$	17,788	$	73,585
Recurring License Revenue Agreements	1,720		2,458
Total	$	19,508	$	76,043

Printronix's net revenues were comprised of the following for the periods presented:

	Year Ended December 31, 2022		October 7, 2021 to December 31, 2021
	(In thousands)
Printers, consumables and parts	$	35,432	$	10,934
Services	4,283		1,070
Total	$	39,715	$	12,004

Schedule of Other Operating Cost and Expense, by Component

Cost of revenues were comprised of the following for the periods presented:

	Years Ended December 31,
	2022		2021
	(In thousands)
Inventor royalties	$	1,212	$	1,142
Contingent legal fees	2,444		12,074
Litigation and licensing expenses	3,970		5,462
Amortization of patents	10,403		9,851
Other patent portfolio expense	—		162
Total	$	18,029	$	28,691

Schedule of Product Warranty Liability

The following is a summary of the accrued warranty liabilities, which are included in accrued expenses and other current liabilities, and other long-term liabilities in the consolidated balance sheets:

	Year Ended December 31, 2022		October 7, 2021 to December 31, 2021
	(In thousands)
Beginning balance	$	222	$	260
Estimated future warranty expense	25		17
Warranty claims settled	(116)		(55)
Ending balance	$	131	$	222

Schedule of Useful Lives of Property and Equipment

Depreciation and amortization is computed on a straight-line basis over the following estimated useful lives of the assets:

Machinery and equipment	2 to 10 years
Furniture and fixtures	3 to 5 years
Computer hardware and software	3 to 5 years
Leasehold improvements	2 to 5 years (Lesser of lease term or useful life of improvement)