v3.25.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, Net Intangible Assets, Net
Intangible Assets, Net

The components of intangible assets, net were as follows:
 March 31, 2025December 31, 2024
(In thousands)
Gross (1)
Accumulated
Amortization (1)
Net
Gross (1)
Accumulated
Amortization (1)
Net
Capitalized software development costs$1,475 $(268)$1,207 $2,575 $(1,150)$1,425 
Customer relationships 6,340 (4,707)1,633 6,340 (4,526)1,814 
Developed and core technology 740 (422)318 740 (398)342 
Patents34,830 (14,611)20,219 34,758 (14,339)20,419 
Trademarks and trade names50 (26)24 450 (412)38 
Total intangible assets, net$43,435 $(20,034)$23,401 $44,863 $(20,825)$24,038 
(1)This table excludes the gross value of fully amortized intangible assets totaling $51.2 million and $49.3 million at March 31, 2025 and December 31, 2024, respectively.
Amortization expense is recorded in selling, general and administrative expenses, except amortization expense related to capitalized software development costs, which is recorded in cost of sales. Amortization expense by statement of operations caption was as follows:
(In thousands)Three Months Ended March 31,
20252024
Cost of sales$241 $140 
Selling, general and administrative expenses1,100 1,096 
Total amortization expense$1,341 $1,236 
 
Estimated future annual amortization expense related to our intangible assets at March 31, 2025, was as follows:
(In thousands)
2025 (remaining 9 months)$3,727 
20264,640 
20273,612 
20282,908 
20292,682 
Thereafter5,832 
Total$23,401