v3.26.1
Intangible Assets, Net
3 Months Ended
Mar. 31, 2026
Intangible Assets, Net [Abstract]  
Intangible Assets, Net

Note 8 - Intangible Assets, Net:

 

Intangible assets, net consisted of the following as of March 31, 2026 and December 31, 2025:

 

   As of March 31, 2026 
   Cost   Accumulated
Amortization
   Net Book Value 
Patents  $2,323   $(1,473)  $850 
Internally developed software   7,565    (3,632)   3,933 
External software licenses   188    (136)   52 
Total  $10,076   $(5,241)  $4,835 

 

   As of December 31, 2025 
   Cost   Accumulated    Amortization   Net Book Value 
Patents  $2,226   $(1,383)  $843 
Internally developed software   7,586    (3,352)   4,234 
External software licenses   180    (129)   51 
Total  $9,992   $(4,864)  $5,128 

 

During the three months ended March 31, 2026 and 2025, the Company recognized amortization expense of $465 and $331 related to intangible assets, respectively.