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

(6) Intangible Assets

 

The following table sets forth information regarding intangible assets (in thousands):

 

June 30, 2025: 

Weighted

Average Life

   Cost  

Accumulated

Amortization

   Net 
Patents   11 years   $2,777   $(1,086)  $1,691 
Customer List   6 years    8,000    (3,111)   4,889 
Tradenames   10 years    1,190    (278)   912 
        $11,967   $(4,475)  $7,492 

 

December 31, 2024: 

Weighted

Average Life

   Cost  

Accumulated

Amortization

   Net 
Patents   11 years   $2,777   $(948)  $1,829 
Customer List   6 years    8,000    (2,445)   5,555 
Tradenames   10 years    1,190    (218)   972 
        $11,967   $(3,611)  $8,356 

 

Amortization expense for both the three months ended June 30, 2025 and 2024 was $0.5 million, and $0.9 for both the six months ended June 30, 2025 and 2024, respectively.