v3.25.2
Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets
Intangible assets, net consist of the following as of the periods presented:
June 30, 2025December 31, 2024
(in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortizable intangible assets:
Patents$6,728 $(1,239)$5,489 $6,090 $(1,073)$5,017 
Unamortized intangible assets:
Trademarks626 — 626 562 — 562 
Total intangible assets$7,354 $(1,239)$6,115 $6,652 $(1,073)$5,579 
Schedule of Indefinite-Lived Intangible Assets
Intangible assets, net consist of the following as of the periods presented:
June 30, 2025December 31, 2024
(in thousands)Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortizable intangible assets:
Patents$6,728 $(1,239)$5,489 $6,090 $(1,073)$5,017 
Unamortized intangible assets:
Trademarks626 — 626 562 — 562 
Total intangible assets$7,354 $(1,239)$6,115 $6,652 $(1,073)$5,579 
Schedule of Amortization Expense
Amortization expense is as follows for the periods presented:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2025202420252024
Amortization expense$66 $76 $133 $138 
Schedule of Future Amortization
As of June 30, 2025, future amortization of patents is as follows:
Year Ending December 31,(in thousands)
2025 (excluding the six months ended June 30, 2025)$167 
2026334 
2027334 
2028334 
2029334 
Thereafter3,986 
Total$5,489