v3.25.2
Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2024
Intangible Assets [Abstract]  
Schedule of Intangible Assets

As of December 31, 2024, intangible assets were comprised of the following:

 

(In thousands)  Estimated
Useful Life
in Years
   Net Book
Value at
December 31,
2024
 
Customer Relationships   10   $2,800 
Tradenames   7    6,100 
        $8,900 
Schedule of Estimated Future Amortization Expense

The estimated future amortization expense for the next five years and thereafter based on the preliminary purchase price allocation is as follows:

 

 

Years ending December 31 (In thousands)

  Future
Amortization
Expense
 
2025   $ 1,151  
2026     1,151  
2027     1,151  
2028     1,151  
2029     1,151  
Thereafter     3,145  
Total   $ 8,900