| Schedule of Intangible Assets |
Intangible assets relate to acquisitions completed by the Company, including those described in Note 3, and were as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2026 | | December 31, 2025 | | Gross Value | | Accumulated
Amortization | | Net Value | | Gross
Value | | Accumulated
Amortization | | Net Value | | Proprietary technology | $ | 20,216 | | | $ | (4,755) | | | $ | 15,461 | | | $ | 7,987 | | | $ | (3,879) | | | $ | 4,108 | | | Backlog | 276 | | | (253) | | | 23 | | | 276 | | | (184) | | | 92 | | | Customer relationships | 900 | | | (243) | | | 657 | | | 900 | | | (178) | | | 722 | | | Non-compete agreements | 819 | | | (75) | | | 744 | | | 65 | | | (65) | | | — | | | Total finite-lived assets | 22,211 | | | (5,326) | | | 16,885 | | | 9,228 | | | (4,306) | | | 4,922 | | | Brand name | 5,153 | | | — | | | 5,153 | | | 1,997 | | | — | | | 1,997 | | | Total indefinite-lived assets | 5,153 | | | — | | | 5,153 | | | 1,997 | | | — | | | 1,997 | | | Total intangible assets, net | $ | 27,364 | | | $ | (5,326) | | | $ | 22,038 | | | $ | 11,225 | | | $ | (4,306) | | | $ | 6,919 | |
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| Schedule of Expected Amortization Expense for Finite-Lived Intangible Assets |
As of June 30, 2026, expected amortization expense for finite-lived intangible assets for the next five years is as follows (in thousands): | | | | | | | Fiscal Year Ended: | | | 2026 | $ | 1,740 | | | 2027 | 3,191 | | | 2028 | 2,719 | | | 2029 | 2,719 | | | 2030 | 2,719 | | | Thereafter | 3,797 | | | Total | $ | 16,885 | |
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