Intangible Assets, Net

6 Months Ended

Jun. 30, 2026

Intangible Asset, Goodwill and Other [Abstract]

Intangible Assets, Net:

Intangible assets, net consisted of the following as of June 30, 2026 and December 31, 2025:


	As of June 30, 2026
	Cost		Accumulated Amortization		Net Book Value
Patents	$	2,519	$	(1,560)	$	959
Internally developed software	7,773		(3,907)		3,866
External software licenses	263		(142)		121
Total	$	10,555	$	(5,609)	$	4,946


	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

For the three months ended June 30, 2026 and 2025, the Company recognized amortization expense of $490 and $332, respectively. For the six months ended June 30, 2026 and 2025, the Company recognized amortization expense of $955 and $662, respectively.