v3.25.2
Goodwill and Intangible Assets, Net
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and intangible assets, net Goodwill and intangible assets, net
The following table shows the components of intangible assets, net (in thousands):
June 30,
2025
December 31,
2024
Patents and trademarks$1,017 890 
Trade name3,7933,792 
IP license10,63610,636 
Customer relationships11,40211,351 
Reagent license1,8001,800 
Land use right181 — 
Total intangible assets28,829 28,469 
Less: accumulated amortization(10,228)(8,341)
Intangible assets, net$18,601 $20,128 
Total amortization expense for the three and six months ended June 30, 2025 was approximately $0.9 million and $1.9 million, respectively. Total amortization expense for the three and six months ended June 30, 2024 was approximately $0.9 million and $1.9 million, respectively.