v3.26.1
GOODWILL AND INTANGIBLE ASSETS
 6 Months Ended
Jun. 30, 2026
GOODWILL AND INTANGIBLE ASSETS  
GOODWILL AND INTANGIBLE ASSETS

5.

GOODWILL AND INTANGIBLE ASSETS

Goodwill was $26,917 as of June 30, 2026 and $17,872 as of December 31, 2025. As of June 30, 2026, the Company recorded cumulative translation adjustment of $(515) related to goodwill held in Canadian operations.

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Definite-lived intangible assets, net consisted of the following:

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June 30, 2026

​

​

Gross

​

Accumulated

​

Net Carrying

​

  ​ ​ ​

Amount

  ​ ​ ​

Amortization

​

Amount

Trade name

 

$ 3,052

 

($ 1,410)

​

$ 1,642

Existing technology

​

5,904

​

(5,630)

​

274

Non-competition agreements

​

523

​

(376)

​

147

Customer relationships

​

2,790

​

(1,351)

​

1,439

Licensing agreement

​

210

​

(210)

​

-

Intellectual property

​

1,453

​

(31)

​

1,422

Total intangible assets

 

$ 13,932

 

($ 9,008)

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$ 4,924

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​

​

​

​

​

​

​

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December 31, 2025

​

​

Gross

​

Accumulated

​

Net Carrying

​

​

Amount

  ​ ​ ​

Amortization

​

Amount

Trade name

 

$ 2,068

 

($ 1,262)

​

$ 806

Existing technology

​

5,996

 

(4,871)

​

1,125

Non-competition agreements

​

476

 

(368)

​

108

Customer relationships

​

2,011

 

(1,051)

​

960

Licensing agreement

​

210

 

(210)

​

-

Intellectual property

​

1,453

 

(31)

​

1,422

Total intangible assets

 

$ 12,214

 

($ 7,793)

​

$ 4,421

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Definite-lived intangible assets are amortized using the straight-line method over an asset’s estimated useful life. Amortization expense for definite-lived intangible assets for the three months ended June 30, 2026 and 2025 was $602 and $685, respectively. Amortization expense for definite-lived intangible assets for the six months ended June 30, 2026 and 2025 was $1,245 and $1,301, respectively.