Goodwill & Intangible Assets

3 Months Ended

Mar. 31, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

The changes in the carrying value of goodwill by segment for the three months ended March 31, 2026 are as follows (in thousands):


	Device Solutions (a)
Balance as of December 31, 2025	$	3,710
Goodwill acquired	—
Balance as of March 31, 2026	$	3,710

(a) The Patient Services segment had no recorded goodwill during the reported periods.

The carrying amount and accumulated amortization of intangible assets consisted of the following (in thousands):


	March 31, 2026						December 31, 2025
	Gross Assets		Accumulated Amortization		Net		Gross Assets		Accumulated Amortization		Net
Nonamortizable intangible assets
Trade names	$	2,000	$	—	$	2,000	$	2,000	$	—	$	2,000
Amortizable intangible assets:
Trade names	23		(23)		—		23		(23)		—
Physician and customer relationships	40,164		(35,767)		4,397		40,164		(35,627)		4,537
Non-competition agreements	472		(465)		7		472		(444)		28
Unpatented technology	943		(696)		247		943		(662)		281
Software	10,300		(10,295)		5		10,300		(10,280)		20


Total nonamortizable and amortizable intangible assets	$	53,902	$	(47,246)	$	6,656	$	53,902	$	(47,036)	$	6,866

Amortization expense for both the three months ended March 31, 2026 and 2025 was $0.2 million, respectively. This expense was recorded in “amortization of intangibles expenses” for each period. Expected remaining annual amortization expense for the next five years for intangible assets recorded as of March 31, 2026 is as follows (in thousands):


	2026		2027		2028		2029		2030		2031 and thereafter		Total

Amortization expense	$	505	$	661	$	538	$	527	$	527	$	1,898	$	4,656