v3.25.1
Note 5 - Intangible Assets, Net
 3 Months Ended
Mar. 31, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

5. Intangible Assets, Net

 

Intangible assets consist of acquired intangible assets and self-developed software.

 

A summary of the balances of the Company’s intangible assets as of  March 31, 2025 and  December 31, 2024 is presented below:

 

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 
  March 31, 2025  December 31, 2024 
  

(in thousands)

 

Technology and software

 $11,782  $(4,050) $7,732  $8,906  $(3,446) $5,460 

Customer related assets

  4,883   (1,170)  3,713   4,329   (1,036)  3,293 

Content

  830   (761)  69   818   (682)  136 

Total

 $17,495  $(5,981) $11,514  $14,053  $(5,164) $8,889 

 

Amortization expense for intangible assets was $0.8 million for the three months ended March 31, 2025, and $0.6 million for the three months ended  March 31, 2024.

 

As of March 31, 2025, estimated future amortization expense for intangible assets, net is as follows:

 

Year Ending December 31:

    
  

(in thousands)

 

2025 (nine months)

 $2,254 

2026

  2,612 

2027

  2,094 

2028

  1,985 

2029

  859 

Thereafter

  1,710 

Total intangible assets subject to amortization

 $11,514