v3.26.1
Intangible Assets
6 Months Ended
Jun. 30, 2026
Intangible Assets  
Intangible Assets

4. Intangible Assets

The following table summarizes intangible assets included on the balance sheet:

June 30, 

2026

Gross

Accumulated Amortization

Net

Patent

$

2,585,000

$

(144,000)

$

2,441,000

Total amortization expense for the patent was $43,000 and $86,000 for the three and six months ended June 30, 2026. There was no amortization expense for the three and six months ended June 30, 2025.

Future amortization of intangible assets is estimated to be as follows:

Years Ending December 31:

2026 (remaining 6 months)

$

86,000

2027

172,000

2028

172,000

2029

172,000

2030

172,000

Thereafter

1,667,000

$

2,441,000