v3.26.1
Goodwill and Intangible Assets
3 Months Ended
Mar. 31, 2026
Goodwill and Intangible Assets  
Goodwill and Intangible Assets

Note 9. Goodwill and Intangible Assets

The table below shows the weighted-average life, original cost, accumulated amortization, and net book value by major intangible asset classification:

Weighted-Average

Accumulated

  ​ ​ ​

Life (Years)

  ​ ​ ​

Original Cost

  ​ ​ ​

Amortization

  ​ ​ ​

Net Book Value

(in thousands)

Definite-lived intangible assets

BAQSIMI® product rights

24

$

591,338

$

67,758

$

523,580

Land-use rights

 

39

 

2,540

963

 

1,577

Other intangibles

7

 

2,443

532

 

1,911

Subtotal

 

24

 

596,321

 

69,253

 

527,068

Indefinite-lived intangible assets

Trademark

 

*

 

29,225

 

29,225

Goodwill

 

*

 

3,330

 

3,330

Subtotal

 

*

 

32,555

 

 

32,555

As of March 31, 2026

 

*

$

628,876

$

69,253

$

559,623

Weighted-Average

Accumulated

  ​ ​ ​

Life (Years)

  ​ ​ ​

Original Cost

  ​ ​ ​

Amortization

  ​ ​ ​

Net Book Value

(in thousands)

Definite-lived intangible assets

BAQSIMI® product rights

24

$

591,338

$

61,597

$

529,741

Land-use rights

 

39

 

2,540

947

 

1,593

Other intangibles

 

7

 

2,443

439

 

2,004

Subtotal

 

24

 

596,321

 

62,983

 

533,338

Indefinite-lived intangible assets

Trademark

 

*

 

29,225

 

 

29,225

Goodwill

 

*

 

3,402

 

 

3,402

Subtotal

 

*

 

32,627

 

 

32,627

As of December 31, 2025

 

*

$

628,948

$

62,983

$

565,965

*

Intangible assets with indefinite lives have an indeterminable average life.

Goodwill

The changes in the carrying amounts of goodwill are as follows:

March 31, 

December 31, 

2026

2025

(in thousands)

Beginning balance

  ​ ​ ​

$

3,402

  ​ ​ ​

$

3,049

Currency translation

 

(72)

 

353

Ending balance

$

3,330

$

3,402