v3.26.1
Note 5 - Intangible Assets, Net
 6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Intangible Asset [Text Block]

5. Intangible Assets, Net

 

Intangible assets consist of acquired intangible assets and self-developed software.

 

A summary of the balances of the Company’s intangible assets as of  June 30, 2026 and  December 31, 2025 is presented below:

 

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

  

Gross Carrying Amount

  

Accumulated Amortization

  

Net Carrying Amount

 
  June 30, 2026  December 31, 2025 
  

(in thousands)

 

Technology and software

 $15,649  $(7,424) $8,225  $14,911  $(6,120) $8,791 

Customer related assets

  4,734   (1,846)  2,888   4,890   (1,629)  3,261 

Total

 $20,383  $(9,270) $11,113  $19,801  $(7,749) $12,052 

 

Amortization expense for intangible assets was $0.8 million and $1.7 million for the three and six months ended June 30, 2026, and $0.9 million and $1.6 million for the three and six months ended  June 30, 2025, respectively.

 

As of June 30, 2026, estimated future amortization expense for intangible assets, net is as follows:

 

Year Ending December 31:

    
  

(in thousands)

 

2026 (six months)

 $1,650 

2027

  2,922 

2028

  2,382 

2029

  1,700 

2030

  1,388 

Thereafter

  1,071 

Total intangible assets subject to amortization

 $11,113