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Other Assets
12 Months Ended
Dec. 31, 2025
Other Assets [Abstract]  
Other Assets
7. Other Assets

 

Other assets consist of the following:

 

December 31,   2025     2024  
             
Patents, at cost   $ 10,339     $ 10,339  
Deposits on capital items     12,148       18,443  
Marlin trade name, at cost     7,800       7,800  
Accumulated amortization     (9,384 )     (8,524 )
Other     9,673       9,689  
    $ 30,576     $ 37,747  

 

The capitalized cost of patents is amortized using the straight-line method over their useful lives. Expenses related to patent amortization was $0.4 million in 2025, $0.5 million in 2024, and $0.4 million in 2023. The estimated annual patent amortization expense for each of the next five years is $0.4 million. Costs incurred to maintain existing patents are charged to expense in the year incurred. The Marlin trade name will be amortized using the straight-line method over its useful life. The estimated annual trade name amortization cost for each of the next five years is $0.4 million. The intangible asset related to Marlin customer relationships are included in Other above and will be amortized using the straight-line method over its useful life. The estimated annual customer relationship name amortization expense for each of the next five years is $0.1 million.