XML 25 R15.htm IDEA: XBRL DOCUMENT v3.26.1
Intangible Assets and Goodwill
 3 Months Ended
Mar. 31, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Intangible Assets and Goodwill

Note 6. Intangible Assets and Goodwill

 

Intangible Assets

 

Intangible assets include Miami-Dade County Notices of Acceptances (NOA’s), which are certificates issued for approved products and required to market hurricane-resistant glass in Florida. Intangibles assets also include the intangibles acquired during the acquisition of Continental.

 

   March 31, 2026 
   Gross   Acc. Amort.   Net 
Trade Names   170    (39)   131 
Software and licenses   18,679    (10,649)   8,030 
Notice of Acceptances (NOAs), product designs and other intellectual property   6,260    (1,435)   4,825 
Contract Backlog   670    (205)   465 
Total  $25,779   $(12,328)  $13,451 

 

   December 31, 2025 
   Gross   Acc. Amort.   Net 
Trade Names   170    (28)   142 
Software and licenses   17,217    (10,138)   7,079 
Notice of Acceptances (NOAs), product designs and other intellectual property   6,260    (1,043)   5,217 
Contract Backlog   670    (149)   521 
Total  $24,317   $(11,358)  $12,959 

 

The weighted average amortization period is 2.7 years.

 

During the three months ended March 31, 2026, the amortization expense amounted to $909 and was included within the general and administration expenses in our unaudited Condensed Consolidated Statement of Operations. Similarly, during the three ended March 31, 2025, the amortization expense amounted to $305.

 

The estimated aggregate amortization expense for each of the five succeeding years as of March 31, 2026, is as follows:

 

Year ending December 31,    
2026  $2,916 
2027   3,458 
2028   3,060 
2029   1,703 
Thereafter   2,314 
Total  $13,451