Intangible Assets, Net |
3 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets, Net | 4. Intangible Assets, Net
The Company’s intangible assets consist of internally developed capitalized software. As of March 31, 2025 and December 31, 2024, the balance of the capitalized software was $4,297 and $4,024, respectively, of which $491 and $218 was under the application development stage as of the respective period end. The Company has performed impairment assessment and identified no triggering events or circumstances indicating that the carrying amount of the intangibles may be impaired and determined no impairment was necessary.
As of March 31, 2025 and December 31, 2024, intangible assets consisted of the following:
The Company recognized amortization expenses on intangible assets of $136 and during the three months ended March 31, 2025 and 2024, respectively.
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