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Note I - Intangible Assets, Net
12 Months Ended
Dec. 31, 2024
Notes to Financial Statements  
Intangible Assets Disclosure [Text Block]

NOTE I—INTANGIBLE ASSETS

  

Intangible assets consisted of the following for the periods indicated (in thousands):

  

  

December 31, 2024

 
  

Gross

  

Accumulated

  

Intangible

 
  

Amount

  

amortization

  

assets, net

 

Patents

 $9,873  $(6,355) $3,518 

Trademarks

  218   (56)  162 

Total intangible assets

 $10,091  $(6,411) $3,680 

 

  

December 31, 2023

 
  

Gross

  

Accumulated

  

Intangible

 
  

Amount

  

amortization

  

assets, net

 

Patents

 $9,502  $(5,981) $3,521 

Trademarks

  138   (31)  107 

Total intangible assets

 $9,640  $(6,012) $3,628 

 

For the years ended December 31, 2024, 2023 and 2022, amortization expense for intangible assets, included in general and administrative expenses on the income statement, was $0.4 million, $0.7 million and $0.6 million, respectively. The remaining weighted average amortization period for intangible assets is approximately 9 years.

  

At December 31, 2024, future amortization expense for intangible assets is estimated to be (in thousands):

 

  

December 31, 2024

 

2025

 $438 

2026

  438 

2027

  438 

2028

  438 

2029

  438 

Thereafter

  1,490 

Total

 $3,680