v3.26.1
Goodwill And Intangible Assets, Net
6 Months Ended
Jun. 30, 2026
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Intangible Assets, Net

NOTE 8 – GOODWILL AND INTANGIBLE ASSETS, NET

Goodwill and intangible assets consist of the following as of June 30, 2026 and December 31, 2025:

 

 

June 30, 2026

 

 

December 31, 2025

 

Goodwill

 

$

60

 

 

$

60

 

Intangible assets with indefinite lives:

 

 

 

 

 

 

Land use rights

 

 

230

 

 

 

230

 

Total intangible assets with indefinite lives:

 

$

230

 

 

$

230

 

Intangible assets with finite lives:

 

 

 

 

 

 

Interconnection, net of accumulated amortization
   of $
5,720 and $5,344

 

$

13,650

 

 

$

13,972

 

Customer contracts, net of accumulated
   amortization of $
18,054 and $17,841

 

 

5,130

 

 

 

5,343

 

Total intangible assets with finite lives:

 

$

18,780

 

 

$

19,315

 

Total Goodwill and Intangible assets

 

$

19,070

 

 

$

19,605

 

As of June 30, 2026, the weighted average remaining useful lives for both customer contracts and interconnections were 12 years. Amortization expense was $289 and $280 for the three months ended June 30, 2026 and 2025, respectively and $589 and $528 for the six months ended June 30, 2026 and 2025, respectively.