v3.25.2
Intangible Assets
6 Months Ended
Jun. 30, 2025
Intangible Assets  
Intangible Assets

Note 4 – Intangible Assets

Intangible assets are summarized as follows:

    

June 30, 2025

    

December 31, 2024

Gross Carrying

Accumulated

Gross Carrying

Accumulated

    

Amount

    

Amortization

    

Amount

    

Amortization

Intangible assets:

Licenses

$

149

$

(74)

$

149

$

(69)

Patents

225

(18)

135

(12)

Patents pending

 

2,385

 

 

1,831

 

Trademarks

13

13

Trademarks pending

 

30

 

 

25

 

Total amortizable intangible assets

$

2,802

$

(92)

$

2,153

$

(81)

Amortization expense for intangible assets is summarized as follows:

Three Months Ended June 30, 

Six Months Ended June 30, 

 

    

2025

    

2024

2025

    

2024

 

Amortization expense

$

6

$

3

$

11

$

7

Useful lives of intangible assets range from three to 20 years. Amortization expenses are expensed within research and development expense within Operating Expenses in the Company’s Condensed Consolidated Statements of Operations and Comprehensive Loss.