SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Accounting Policies [Abstract]

Disaggregation of Revenue

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

	Years Ended December 31,
	2023		2022
	(In thousands)
Paid-up license revenue agreements	$	87,835	$	17,788
Recurring License Revenue Agreements	1,321		1,720
Total	$	89,156	$	19,508

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

	Years Ended December 31,
	2023		2022
	(In thousands)
Printers, consumables and parts	$	31,604	$	35,432
Services	3,494		4,283
Total	$	35,098	$	39,715

Benchmark's revenue from November 13, 2023 through December 31, 2023 were comprised of the following (in thousands):

Oil sales	$	256
Natural gas sales	372
Natural gas liquids sales	220
Total	$	848

Summary of Cost of Revenues

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

	Years Ended December 31,
	2023		2022
	(In thousands)
Inventor royalties	$	1,025	$	1,212
Contingent legal fees	10,998		2,444
Litigation and licensing expenses	10,771		3,970
Amortization of patents	11,370		10,403
Total	$	34,164	$	18,029

Summary 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:

	Years Ended December 31,
	2023		2022
	(In thousands)
Beginning balance	$	131	$	222
Estimated future warranty expense	65		25
Warranty claims settled	(100)		(116)
Ending balance	$	96	$	131

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)