v3.26.1
Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2026
Intangible Assets, Net [Abstract]  
Schedule of Major Components of Intangible Assets

Major components of intangible assets as of March 31, 2026, are provided in the table below (in thousands):

 

Useful Lives

 

Cost

 

 

Accumulated
Amortization

 

 

Total

 

License agreements

 

20 years

 

$

2,043

 

 

$

(1,412

)

 

$

631

 

Patent costs

 

20 years

 

 

1,629

 

 

 

(253

)

 

 

1,376

 

Trademark costs

 

 

 

 

231

 

 

 

 

 

 

231

 

Total

 

 

 

$

3,903

 

 

$

(1,665

)

 

$

2,238

 

 

Major components of intangible assets as of December 31, 2025, are provided in the table below (in thousands):

 

Useful Lives

 

Cost

 

 

Accumulated
Amortization

 

 

Total

 

License agreements

 

20 years

 

$

2,043

 

 

$

(1,356

)

 

$

687

 

Patent costs

 

20 years

 

 

1,610

 

 

 

(242

)

 

 

1,368

 

Trademark costs

 

 

 

 

230

 

 

 

 

 

 

230

 

Total

 

 

 

$

3,883

 

 

$

(1,598

)

 

$

2,285

 

Schedule of Future Amortization Expense for Intangible Assets

Future amortization expense for intangible assets as of March 31, 2026 is provided in the table below (in thousands):

 

Years Ending December 31,

 

Amount

 

2026 (remaining nine months)

 

$

107

 

2027

 

 

143

 

2028

 

 

143

 

2029

 

 

143

 

2030

 

 

143

 

Thereafter

 

 

1,328

 

Total

 

$

2,007