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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Disaggregation of Revenue
License revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20242023
(In thousands)
Paid-up license revenue agreements$17,253 $87,835 
Recurring License Revenue Agreements2,272 1,321 
Total$19,525 $89,156 
Printronix’s net revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20242023
(In thousands)
Printers, consumables and parts$27,075 $31,604 
Services3,346 3,494 
Total$30,421 $35,098 
Benchmark’s revenue were comprised of the following for the periods presented:
Year Ended December 31, 2024November 13, 2023 to December 31, 2023
(In thousands)
Oil sales$26,468 $256 
Natural gas sales9,194 372 
Natural gas liquids sales13,014 220 
Other service sales507 — 
Total$49,183 $848 
Deflecto’s revenue from October 18, 2024 through December 31, 2024 were comprised of the following (in thousands):
Transportation Safety$7,782 
Air Distribution7,977 
Office Product7,424 
Total$23,183 
Summary of Cost of Revenues Cost of revenues were comprised of the following for the periods presented:
Years Ended
December 31,
20242023
(In thousands)
Inventor royalties$1,731 $1,025 
Contingent legal fees2,285 10,998 
Litigation and licensing expenses4,438 10,771 
Amortization of patents16,097 11,370 
Total$24,551 $34,164 
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,
20242023
(In thousands)
Beginning balance$96 $131 
Estimated future warranty expense231 65 
Warranty claims settled(218)(100)
Ending balance$109 $96 
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
Vehicles
3 to 5 years
Furniture and fixtures
3 to 7 years
Computer hardware and software
3 to 5 years
Building and leasehold improvements
2 to 40 years (Lesser of lease term or useful life of improvement)