| Schedule Reflecting the Composition of Intangible Assets and Goodwill |
The following table presents the composition of the Company’s intangible assets and goodwill (in thousands):
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Weighted- |
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As of September 30, 2026 |
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As of December 31, 2025 |
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Average |
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Gross |
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Gross |
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Amortization |
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Carrying |
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Accumulated |
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Net |
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Carrying |
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Accumulated |
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Net |
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Period (in years) |
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Amount |
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Amortization |
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Amount |
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Amount |
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Amortization |
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Amount |
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Photrexa developed technology |
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4.7 |
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$ |
7,801 |
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$ |
(7,132 |
) |
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$ |
669 |
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$ |
7,801 |
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$ |
(3,322 |
) |
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$ |
4,479 |
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Epioxa developed technology |
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6.0 |
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111,700 |
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(17,066 |
) |
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94,634 |
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111,700 |
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(3,103 |
) |
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108,597 |
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License |
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4.0 |
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5,190 |
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(1,637 |
) |
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3,553 |
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5,190 |
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(435 |
) |
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4,755 |
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In place leases |
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3.8 |
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666 |
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(542 |
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124 |
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666 |
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(345 |
) |
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321 |
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Mobius developed technology and customer relationships |
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9.0 |
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17,800 |
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(2,719 |
) |
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15,081 |
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17,800 |
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(1,236 |
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16,564 |
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Intangible assets subject to amortization |
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143,157 |
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(29,096 |
) |
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114,061 |
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143,157 |
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(8,441 |
) |
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134,716 |
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Acquired in-process research and development |
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Indefinite |
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$ |
7,200 |
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$ |
— |
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$ |
7,200 |
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$ |
7,200 |
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$ |
— |
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$ |
7,200 |
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Total |
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$ |
150,357 |
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$ |
(29,096 |
) |
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$ |
121,261 |
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$ |
150,357 |
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$ |
(8,441 |
) |
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$ |
141,916 |
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Goodwill |
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Indefinite |
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$ |
66,710 |
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$ |
— |
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$ |
66,710 |
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$ |
66,710 |
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$ |
— |
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$ |
66,710 |
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| Schedule of Expected Amortization of Finite-Lived Intangible Assets |
As of September 30, 2026, expected amortization expense for unamortized finite-lived intangible assets for the next five years and thereafter is as follows (in thousands):
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Amortization Expense |
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Remainder of 2026 |
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$ |
5,760 |
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2027 |
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23,394 |
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2028 |
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21,528 |
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2029 |
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20,594 |
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2030 |
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20,594 |
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Thereafter |
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22,191 |
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Total amortization |
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$ |
114,061 |
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