v3.26.1
Intangible assets, net
 6 Months Ended
Jun. 30, 2026
Intangible assets, net [Abstract]  
Intangible assets, net
5. Intangible assets, net

During the six months ended June 30, 2026, the Company capitalized $2.0 million of software development costs that were incurred subsequent to achieving technological feasibility but prior to commercialization. Amortization using the straight-line method will commence on July 1, 2026 which is the completion and release of the software to customers and will be over an estimated useful life of seven years.

Identifiable intangible assets are recorded in Intangible assets, net in the accompanying Consolidated Balance Sheets and are comprised of the following:

   
June 30, 2026
    
December 31, 2025
  
 
(In thousands)
  
Gross
Amount
    
Accumulated Amortization
    
Gross
Amount
    
Accumulated Amortization
  
Purchased technology
  
$
5,067
    
$
(1,591
)
  
$
3,094
    
$
(1,591
)
Patents
    
15
      
(15
)
    
15
      
(15
)
Total
  
$
5,082
    
$
(1,606
)
  
$
3,109
    
$
(1,606
)

Amortization expense was zero in both fiscal 2025 and in the first six months of 2026.