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

The following table summarizes the components of the Company’s other intangible assets (in thousands):

 

June 30, 2025

 

 

December 31, 2024

 

 

Cost

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

 

Cost

 

 

Accumulated Amortization

 

 

Net Carrying Value

 

Indefinite-lived intangible assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

In-process research and development (IPR&D)

 

$

50,000

 

 

$

-

 

 

$

50,000

 

 

$

50,000

 

 

$

-

 

 

$

50,000

 

Total

 

$

50,000

 

 

$

-

 

 

$

50,000

 

 

$

50,000

 

 

$

-

 

 

$

50,000

 

 

The Company’s IPR&D assets represent the estimated fair value of its pipeline of acquired radiotherapy product candidates. The Company tests its indefinite-lived intangible assets for impairment during the fourth quarter of each year, or more frequently should circumstances change or events occur that would more likely than not reduce the fair value of its assets. No testing was deemed necessary during the three and six months ended June 30, 2025. For additional information related to the Company’s IPR&D assets, see Notes 2, 4 and 10 in the Company’s 2024 Form 10-K.