v3.25.2
Intangible Assets
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets
Note 5. Intangible Assets
Intangible assets, net consisted of the following as of June 30, 2025:
(in thousands)Gross ValueAccumulated AmortizationNet ValueWeighted Average Remaining Amortization Period (In Years)
Patents/Intellectual Property$463 $(236)$227 4.8
Total$463 $(236)$227 
Intangible assets, net consisted of the following as of December 31, 2024:
(in thousands)Gross ValueAccumulated AmortizationNet ValueWeighted Average Remaining Amortization Period (In Years)
Patents/Intellectual Property$463 $(210)$253 5.3
Total$463 $(210)$253 
Amortization expense related to intangible assets was $0.01 million and $0.03 million for the three and six months ended June 30, 2025, respectively, and $0.01 million and $0.03 million for the three and six months ended June 30, 2024, respectively.
As of June 30, 2025, the future estimated amortization expense related to intangible assets is as follows:
(in thousands)
Remainder of 2025$26 
202652 
202752 
202844 
202928 
Thereafter25 
Total$227