v3.26.1
INTANGIBLE ASSETS, NET (Tables)
3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Intangible Assets
Intangible assets are as follows:
(in thousands)March 31, 2026December 31, 2025
Definite-lived intangible assets  
Customer relationships$26,074 $26,406 
Unpatented technology3,347 3,701 
Patented technology1,413 1,912 
Tradename1,818 1,828 
All other275 275 
Gross value of definite-lived intangible assets32,927 34,122 
Customer relationships amortization(14,764)(14,367)
Unpatented technology amortization(1,225)(1,470)
Patented technology amortization(1,012)(1,441)
Tradename amortization(1,312)(1,302)
All other amortization(275)(275)
Accumulated amortization(18,588)(18,855)
Total intangible assets, net$14,339 $15,267 
Schedule of Finite-Lived Intangible Assets
The following summarizes the changes in the carrying amount of intangible assets, net:
(in thousands)March 31, 2026December 31, 2025
Balance at beginning of period $15,267 $17,640 
Amortization expense(737)(2,947)
Currency translation adjustments(191)574 
Balance at end of the period$14,339 $15,267 
Schedule of Indefinite-Lived Intangible Assets
The following summarizes the changes in the carrying amount of intangible assets, net:
(in thousands)March 31, 2026December 31, 2025
Balance at beginning of period $15,267 $17,640 
Amortization expense(737)(2,947)
Currency translation adjustments(191)574 
Balance at end of the period$14,339 $15,267 
Schedule of Estimated Future Intangible Asset Amortization Expense
Estimated future intangible asset amortization expense as of March 31, 2026 is as follows:
(in thousands)Amortization Expense
Year ending December 31, 2026
$2,126 
Year ending December 31, 2027
2,835 
Year ending December 31, 2028
2,580 
Year ending December 31, 2029
2,580 
Year ending December 31, 2030
2,580 
Thereafter1,638