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Intangible Assets, Net (Tables) | 3 Months Ended
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Mar. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets | Intangible assets consist of the following:
| March 31, 2024 |  | December 31, 2023
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 5,204 |  |  | $ | (881) |  |  | $ | 4,323 |  |  | $ | 4,905 |  |  | $ | (820) |  |  | $ | 4,085 |
License agreements | 1,101 |  |  | (1,089) |  |  | 12 |  |  | 1,101 |  |  | (1,087) |  |  | 14 |
Total amortizable intangible assets | 6,305 |  |  | (1,969) |  |  | 4,335 |  |  | 6,006 |  |  | (1,907) |  |  | 4,099 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks | 433 |  |  | — |  |  | 433 |  |  | 432 |  |  | — |  |  | 432 |
Total intangible assets | $ | 6,737 |  |  | $ | (1,969) |  |  | $ | 4,768 |  |  | $ | 6,438 |  |  | $ | (1,907) |  |  | $ | 4,531 |
Schedule of Indefinite-Lived Intangible Assets | Intangible assets consist of the following:
| March 31, 2024 |  | December 31, 2023
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizable intangible assets: |  |  |  |  |  |  |  |  |  |  |
Patents | $ | 5,204 |  |  | $ | (881) |  |  | $ | 4,323 |  |  | $ | 4,905 |  |  | $ | (820) |  |  | $ | 4,085 |
License agreements | 1,101 |  |  | (1,089) |  |  | 12 |  |  | 1,101 |  |  | (1,087) |  |  | 14 |
Total amortizable intangible assets | 6,305 |  |  | (1,969) |  |  | 4,335 |  |  | 6,006 |  |  | (1,907) |  |  | 4,099 |
Unamortized intangible assets: |  |  |  |  |  |  |  |  |  |  |
Trademarks | 433 |  |  | — |  |  | 433 |  |  | 432 |  |  | — |  |  | 432 |
Total intangible assets | $ | 6,737 |  |  | $ | (1,969) |  |  | $ | 4,768 |  |  | $ | 6,438 |  |  | $ | (1,907) |  |  | $ | 4,531 |
Schedule of Amortization Expense | Amortization expense is as follows:
| Three Months Ended March 31, |  |
(in thousands) | 2024 |  | 2023 |  |  |  |
Amortization expense | $ | 62 |  |  | $ | 71 |  |  |  |  |
Schedule of Future Amortization | As of March 31, 2024, future amortization of patents and license agreements is as follows:
Year Ending December 31, | (in thousands)
2024 (excluding the three months ended March 31, 2024) | $ | 189 |
2025 | 252 |
2026 | 250 |
2027 | 247 |
2028 | 247 |
Thereafter | 3,150 |
Total | $ | 4,335 |
Schedule of Royalty Expenses | Royalty fee expense included in sales and marketing expense is as follows:
| Three Months Ended March 31, |  |  |
(in thousands) | 2024 |  | 2023 |  |  |  |  |  |  |
Royalty fee expense (1) | $ | — |  |  | $ | 831 |  |  |  |  |  |  |  |
(1) Royalty fees are no longer being paid due to the expiration of the patents in 2023.

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