v3.25.2
Note 8 - Intangible Assets
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE 8 – INTANGIBLE ASSETS

 

Intangible assets consisted of the following:

 

      

(in thousands)

 
      

June 30, 2025

  

December 31, 2024

 
  

Estimated Useful Life in Years

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Value

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Value

 

Amortizing Intangible Assets:

                            

Trademarks and Patent

 10  $1,400  $(18) $1,382  $—  $—  $— 

Operating Licenses

 14   5,300   (277)  5,023   3,100   (148)  2,952 

Total Amortizing Intangible Assets

      6,700   (295)  6,405   3,100   (148)  2,952 
                             

Total Intangible Assets, Net

     $6,700  $(295) $6,405  $3,100  $(148) $2,952 

 

Amortization expense related to continuing operations was $0.09 million and $0.03 million for the three months ended June 30, 2025 and 2024, respectively, and $0.15 million and $0.03 million for the six months ended June 30, 2025 and 2024, respectively.