v3.26.3
Intangible Assets, Net
9 Months Ended
Sep. 30, 2026
Intangible Assets, Net  
Intangible Assets, Net

6. Intangible Assets, Net

Intangible assets as of September 30, 2026 and December 31, 2025 consisted of the following (in thousands):

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September 30, 

  ​ ​ ​

December 31, 

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Estimated

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2026

​

2025

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Useful Life

In-process research and development

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$

1,292

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$

1,292

 

Indefinite

License

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45,955

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46,630

 

Indefinite

Trade names

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3,110

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3,156

 

10 years

Accumulated amortization

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(291)

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(59)

 

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Trade names net carrying value

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2,819

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3,097

 

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Customer relationships

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2,241

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2,274

 

4 years

Accumulated amortization

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(525)

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(105)

 

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Customer relationships net carrying value

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1,717

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2,169

 

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Total intangible assets, net

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$

51,783

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$

53,188

 

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The amortization expense related to the finite-lived intangibles was approximately $0.3 million and $0.7 million for the three and nine months ended September 30, 2026, respectively.

As of September 30, 2026, the Company’s estimate of amortization for finite-lived intangibles for each of the five succeeding fiscal years and thereafter was as follows:

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Remaining period in 2026

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$

218

Year ended December 31, 2027

 

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871

Year ended December 31, 2028

 

​

871

Year ended December 31, 2029

 

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767

Year ended December 31, 2030

 

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311

Thereafter

 

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1,498

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$

4,536

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