| Schedule of Intangible Assets |
The
definite-lived intangible assets, to be amortized between 1 and 20 years, balances, and activity for the six months ended June 30, 2026
and year ended December 31, 2025 consisted of the following:
Schedule of Intangible Assets
| | |
| |
June 30,
2026
(unaudited) | | |
December 31, 2025 | |
| | |
Useful Life | |
Gross
Carrying
Amount | | |
Accumulated
Amortization | | |
Net
Carrying
Amount | | |
Gross
Carrying
Amount | | |
Accumulated
Amortization | | |
Net
Carrying
Amount | |
| Developed technology assets | |
20 years | |
$ | 22,260,000 | | |
$ | 6,122,000 | | |
$ | 16,138,000 | | |
$ | 22,260,000 | | |
$ | 5,566,000 | | |
$ | 16,694,000 | |
| Acquired assets | |
1 -17 years | |
| 325,000 | | |
| 38,000 | | |
| 287,000 | | |
| 325,000 | | |
| 25,000 | | |
| 300,000 | |
| | |
| |
$ | 22,585,000 | | |
$ | 6,160,000 | | |
$ | 16,425,000 | | |
$ | 22,585,000 | | |
$ | 5,591,000 | | |
$ | 16,994,000 | |
|
| Schedule of Future Amortization of Developed Technologies |
The
following table represents future amortization of developed technologies for the years ending December 31:
Schedule of Future Amortization of Developed Technologies
| | |
| | |
| 2026 | |
$ | 478,000 | |
| 2027 | |
$ | 1,138,000 | |
| 2028 | |
$ | 1,130,000 | |
| 2029 | |
$ | 1,130,000 | |
| 2030 | |
$ | 1,130,000 | |
| thereafter | |
$ | 11,404,000 | |
|