Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Summary of Intangible Assets and Estimated Useful Lives

Intangible assets and their estimated useful lives as of June 30, 2026 are as follows (dollars in thousands):


		Useful Life		Gross Amount				Accumulated Amortization				Net Book Value
Customer relationships		8 and 10 years		$	2,680			$	(1,446	)		$	1,234
Developed technology		5 and 7 years			710				(557	)			153
Trade name / trademarks		3 and 7 years			30				(26	)			4
				$	3,420			$	(2,029	)		$	1,391

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

We expect to record amortization expense for the remainder of 2026 and each subsequent year and thereafter as follows (in thousands):


2026		$	178
2027			355
2028			338
2029			174
2030			174
Thereafter			172
		$	1,391

As of June 30, 2026, we had $3.1 million of goodwill. During the three months ended March 31, 2026, we identified a triggering event due to a decline in market capitalization and continued operating losses and, as a result, performed an interim quantitative goodwill impairment test. Based on this analysis, we determined that the fair value of the reporting unit exceeded its carrying value and no impairment of goodwill was recorded as of March 31, 2026. During the three and six months ended June 30, 2026, we did not identify any additional triggering events or indicators of impairment, and therefore no additional interim goodwill impairment test was performed. No impairment of goodwill was recorded during the three and six months ended June 30, 2026.