v3.25.2
Intangible Assets
 6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
5. Intangible Assets

 

The following table summarizes information relating to the Company’s definite-lived intangible assets:

 

       June 30, 2025   December 31, 2024 
Other Intangibles (amount in thousands)  Weighted Average Amortization Period (Years)   Gross Carrying Amount   Accumulated Amortization   Net Carrying Amount   Gross
Carrying
Amount		   Accumulated
Amortization		   Net
Carrying
Amount		 
Patents   5.9   $756   $(446)  $310   $753   $(435)  $318 
Software   3    666    (608)   58    666    (591)   75 
Total       $1,422   $(1,054)  $368   $1,419   $(1,026)  $393 

 

The intangible assets noted above are amortized on a straight-line basis over their useful lives.

 

The following table summarizes the expected amortization over the next five years for our definite-lived intangible assets:

 

 

   Amount 
Year  (In thousands) 
     
2025 (Remaining)  $26 
2026   49 
2027   30 
2028   21 
2029   18 

 

 

Amortization expenses relating to the definite-lived intangible assets as discussed above were $13,000 and $28,000 for the three and six months ended June 30, 2025, respectively, and $23,000 and $47,000 for the three and six months ended June 30, 2024, respectively.