v3.26.1
Intangible Assets, Net (Tables)
3 Months Ended
Mar. 31, 2026
Intangible Assets, Net  
Schedule of intangible assets

Intangible assets as of March 31, 2026 and December 31, 2025 consisted of the following (in thousands):

  ​ ​ ​

March 31,

  ​ ​ ​

December 31,

  ​ ​ ​

Estimated

2026

2025

Useful Life

In-process research and development

$

1,292

$

1,292

 

Indefinite

License

 

45,801

 

46,630

 

Indefinite

Trade names

 

3,100

 

3,156

 

10 years

Accumulated amortization

 

(135)

 

(59)

 

  ​

Trade names net carrying value

 

2,965

 

3,097

 

  ​

Customer relationships

 

2,233

 

2,274

 

4 years

Accumulated amortization

 

(243)

 

(105)

 

  ​

Customer relationships net carrying value

 

1,990

 

2,169

 

  ​

Total intangible assets, net

$

52,048

$

53,188

 

Schedule of estimate of amortization for finite-lived intangibles

The amortization expense related to the finite-lived intangibles was approximately $0.2 million for the three months ended March 31, 2026.

As of March 31, 2026, the Company’s estimate of amortization for finite-lived intangibles for each of the five succeeding fiscal years and thereafter was as follows:

Remaining period in 2026

  ​ ​ ​

$

651

Year ended December 31, 2027

 

868

Year ended December 31, 2028

 

868

Year ended December 31, 2029

 

765

Year ended December 31, 2030

 

310

Thereafter

 

1,493

$

4,955